Buying a plex in Quebec City in 2026: the $575,000 median, 10% financing, the rents and the full calculation

Buying · Plex · Quebec City · QPAREB Q2 2026

The plex in Quebec City: the median price, 10% financing, the region's real rents and your net share, calculated on a triplex at $575,000. Then the sectors, the pitfalls and the TAL rules.

Buying a plex in Quebec City in 2026 means paying a $575,000 median in the metropolitan area in the second quarter (+13% year over year, +57% in five years, 28 days on the market, according to the QPAREB), $97,000 more than a single-family house ($478,000). The Quebec City plex rose 13% in a year, the strongest increase among the large regions, with 270 sales in the quarter for 239 active listings: under three months of inventory. The average two-bedroom rent is $1,277 (CMHC, October 2025, +6.1%) with a 2.4% vacancy rate. On a triplex at the median with 10% down ($57,500) and two units rented at $1,277 (CMHC average for a two-bedroom in the Quebec City CMA, October 2025), the insured loan is about $533,542, the payment at 4.24% over 30 years about $2,610, and your net share about $56 a month before taxes, insurance and maintenance. The welcome tax in Quebec City on $575,000 is $7,485.50, of which $5,621.38 is refundable to a first-time buyer. The current leases, the TAL rate (3.1% in 2026) and repossession rules frame the rest.

The plex market in Quebec City in 2026

The Quebec City metropolitan area sold its median plex for $575,000 in the second quarter of 2026, +13% year over year and +57% in five years, in 28 days, with 270 sales and 239 active listings: the plex is faster than the condo there (18 days for the house, 22 for the condo, but with far more supply). The single-family house sells at $478,000 and the condo at $330,000. On the rental side, CMHC measured in October 2025 an average rent of $1,277 for a two-bedroom in the region (+6.1% in a year) and a 2.4% vacancy rate, rising but still under the 3% balance. The Quebec City plex is the duplex and triplex of Limoilou, Saint-Sauveur and Saint-Roch, the fourplex of Sainte-Foy near the university, and the 1960s to 1980s buildings of Charlesbourg and Beauport.

Financing an owner-occupied plex in 2026

Depending on the lender, 50% to 100% of gross rents are added to your income, or deducted from the mortgage payment in the ratio calculation (39%/44% at the 6.24% stress-test rate). The unit you live in does not count as income; a unit vacant at purchase is counted at market rent by the appraiser.

The full example on a triplex at the median, for illustration

The $1,277 rents are the CMHC October 2025 average for a two-bedroom in the region, not those of a specific building; the real rents of the current leases, often lower in an older plex, are the ones that count, and the TAL limits their increase. The return calculation details the cap rate and cash flow; the method is the same in Quebec City.

Where to buy a plex in Quebec City

Limoilou (Vieux-Limoilou, Lairet, Maizerets) and Saint-Sauveur are the heart of the plex in Quebec City: 1920s to 1950s duplexes, triplexes and fourplexes with outside stairs, often with old leases under market, bought by owner-occupants who renovate one unit at a time. Saint-Roch and Montcalm sell higher, with rents closer to market. Sainte-Foy, near Université Laval and the CEGEPs, sells buildings with student tenants, fast turnover and market rents. Charlesbourg, Beauport and Les Rivières sell 1960s to 1980s duplexes and triplexes, often with a basement unit, on larger lots. Lévis (Desjardins, Charny) offers the slightly cheaper plex across the bridge. Our pages real estate broker in Quebec City and buying a house in Quebec City complete this guide.

The pitfalls specific to a plex in Quebec City

The old leases of Limoilou and Saint-Sauveur: a $700 rent that can only rise 3.1% a year will not reach $1,277 for a long time; the calculation is made on the real leases, not on the CMHC average. Pre-1950 buildings: electrical, plumbing, structure of galleries and stairs, insulation; the inspection and the invoices for past work matter more than the paint. A non-compliant basement unit (ceiling height, windows, exit) counts for zero with the lender. The city's 2025-2027 roll is not market value. Quebec City's welcome tax, 2.5% from $500,000 to $750,000: $7,485.50 on the median, not deductible.

What housing law changes, everywhere in Quebec

Leases follow the building: you inherit the tenants, their rents and their renewals. The annual increase follows the method of the Tribunal administratif du logement (a 3.1% base in 2026 for leases renewed after April 1, plus a share of major work, taxes and insurance); a tenant can refuse and the TAL sets the rent. Repossessing a unit to live in it or house a close relative requires a six-month notice before the end of the lease and good faith; it is forbidden against a tenant aged 65 or more who has lived there ten years with a modest income, with exceptions (see repossession by the buyer of a plex). Evictions for enlargement or change of use are suspended until June 2027. Read the leases, the increase notices and the rent statements before the offer, not after.

Taxes in two words

The rented part is rental income: rents minus expenses (interest, taxes, insurance, maintenance, prorated to the rented area). On sale, the capital gain is taxable on the rented part; the principal residence exemption covers only your unit. The welcome tax is calculated on the whole building and is not deductible.

The plex file: plex forecasts 2027 (French), welcome tax on a plex (French) and the RénoPlex grant.

For the budget of a house, first-time buyer in Quebec City; for the tax, the welcome tax in Quebec City; for the general method, buying an owner-occupied plex.

Our proof, not our promises

The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts 221 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.

Frequently asked questions

How much does a plex cost in Quebec City in 2026?

A $575,000 median price in the Quebec City metropolitan area in the second quarter of 2026 (+13% year over year, +57% in five years), against $874,000 in Montreal and $690,000 across Quebec. A Limoilou duplex sells under the median, a Sainte-Foy fourplex above.

What down payment for a plex in Quebec City?

5% on an owner-occupied duplex (10% above $500,000), 10% on an owner-occupied triplex or fourplex, 20% if you do not live in it, price under $1.5 million for an insured loan. On the $575,000 median, 10% is $57,500.

Which rents count in Quebec City?

Those of the current leases, first: the rent statement and the signed leases are required by the lender. For a vacant unit or your own, CMHC gives an average of $1,277 for a two-bedroom in the region in October 2025; a renovated unit in Saint-Roch rents above, an older unit in Saint-Sauveur often below.

Can you repossess a unit to live in it after the purchase?

Yes, with a six-month notice before the end of the lease and in good faith, except for a protected tenant (65 or older, 10 years of occupancy, modest income). The rule is provincial: it applies in Quebec City as in Montreal.

Also available in French: version française de ce guide.

Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.