Quebec covers an area of 186.9 square miles. The city has a population of 1,347,394 as of 2015. Quebec is Canada’s tenth largest
city and the
Province Quebec’s second largest city after Montreal. It is known for its public administration, defense, services, commerce, transport and tourism.
The city benefits from being a regional, administrative and service centre, the provincial government being its largest employer with 27,900 people
its fold as of 2007. Quebec, is one of the oldest settlements in North America being established by Samuel E. Champlain a French diplomat
on July 2, 1608.
Quebec is located in the Saint Lawrence River Valley on the North side where the Saint Lawrence River meets the St. Charles River. The area is flat but with it's rich and arable growing soil makes it the most fertile in the region.
Quebec experiences 4 distinct seasons. Summers are hot with high levels of humidity, temperatures in range in the highs (72-77 degrees Fahrenheit) the lows in the range (52-57 degrees Fahrenheit). The winters are snowy and cold with the temperatures the highs in the range (23-18 degrees Fahrenheit) and the lows in the range (9-0 degrees Fahrenheit.) Spring and fall are very short and bring chilly to warm temperatures. The city is unique in the fact that it’s surrounded by a stone wall.
Nickname(s): "La Vieille Capitale"
City: 484.10 km2
Land: 454.10 km2
Metro: 3,349.12 km2
Quebec City is divided into 35 districts in 6 boroughs (self-governing walled towns) the districts are numbered and named. They are for the most part named after the towns they replaced. Montcalm, Sillery, Cap-Rouge, and the Southern part of Sainte-Foy are the wealthiest districts and are located west of Quebec City along the Saint Lawrence River. The city’s working class is situated in the lower town below Quebec City.
La Cité-Limoilou is the central borough of Quebec City and it comprises the former boroughs La Cité and Limoilou. La Cité is the oldest architectural site of Quebec City and is composed of 6 districts: Vieux-Québec—Cap-Blanc—colline Parlementaire, Saint-Roch, Saint-Jean-Baptiste, Montcalm, Saint-Sauveur and Saint-Sacrement. Limoilou, on the other hand, has only 3 districts: Vieux-Limoilou, Lairet and Maizerets. It was a rural community until the end of the 19th century, and was only incorporated in Quebec City in 1909.
The borough Les Rivieres is placed in the center of the City and is mostly an industrial borough, but it also has a few residential areas. It comprises 5 neighborhoods: Neufchâtel-Est, Lebourgneuf, Duberger, Les Saules and Vanier.
Sainte-Foy–Sillery–Cap-Rouge is a borough that was born in 2009. It is located in the South-West of La Cité-Limoilou. Sainte-Foy, Sillery and Cap-Rouge are its main neighborhoods.
Charlesbourg is located in the northeast of the city and it was incorporated in Quebec City in 2002. This borough is the residential suburb of Quebec City and is one of the largest urban centers in Quebec.
This is Quebec City's historic district, and it is one of the oldest communities in Canada. The residents and tourists can enjoy several festivals and events that take place here, this being a district that is also famous for the variety of churches and homes that it holds.
This borough includes the Lac-Saint-Charles, Neufchâtel, Loretteville, Saint-Émile, Val-Bélair, Cap-Rouge as well as the Wendake Amerindian reservation. It holds several traditional Quebec homes, but the Loretteville district has mostly urban developments.
The real estate market in Quebec is varied and tailor-made to fit any buyer’s needs. There are historic homes, apartments, modern condos and
suburban houses. The housing market for new home sales in metropolitan Quebec is predicted to slow down in the coming years. The housing starts
will fall to 3,550 in 2016 and the drop will continue in 2017 coming in at 3,125.
The slowdown is primarily attributed to the increased number of existing properties put up for sale and the ample supply of unsold new condominiums and the slowing down of the conventional rental market. There are signs of growth in the existing house market. This market will increase by 4 percent in 2016 and another 3 percent in 2017. This translates to 7000 units being sold in 2016 and 7200 units in 2017. Factors contributing to this increase are the solid job market, lower interest rates and the wider choice of homes for sale. The market will favor buyers as the average prices of homes will slightly increase. The rental market is looking at a slowdown with the significant increase in the inventory coupled with a diminished demand. The rental market overall will slow down over the next year or two.
|Home Style||Average Price|
The following table, based on data taken from the Canadian Real Estate Association (CREA’s) National MLS® Report for April 2016 (the latest information available), demonstrates how homes in LSTAR’s jurisdiction continue to maintain their affordability compared to other major Quebec and Canadian centres.
The University of Quebec is headquartered in Quebec City. The university system has 10 universities in the province of Quebec. The university coordinates 300 programs for 87,000 students. The university system was founded by the government. The universities have since gone public. Laval University is located in the western end of the city in the borough of Sainte–Foy. Quebec has many CEGEP in its city limits. These universities are publicly funded pre-college universities. They are like the American community colleges or junior colleges. The big difference is these CEGEP’S offer Diplomas of College studies. They offer 2 year programs and upon graduation from these programs the students will receive these diplomas. The Quebec educational system requires these diplomas before students may enter a proper university program. If the student is a mature student of 21 years old then they can enter the universities without these diplomas.