Bottom line
Montreal and Quebec City score similarly on the metrics that matter most for short-term rental returns. The right pick depends on whether you optimise for yield (lower regulation risk, higher RevPAR) or capital growth.
Head-to-head metrics
| Montreal | Quebec City | |
|---|---|---|
| Median occupancy | 62% | 62% |
| Median daily rate | $78.44 | $89.54 |
| Median RevPAR | $30.19 | $37.74 |
| Active listings | 6,430 | 1,884 |
| YoY occupancy | +20.9 pts | +11 pts |
| YoY daily rate | +1% | +11% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
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