Quebec Landlords Association

Quebec Landlords Association

June 29, 2012 07:00 ET

The APQ Draws Up a Portrait of the Rental Market, Which Profile Do Our Tenants Have?

MONTREAL, QUEBEC--(Marketwire - June 29, 2012) - The Association of Quebec Landlords (APQ) draws up a portrait of the tenants, two days before the comings and goings of moving.

In view of the data provided by the owners on the habits and the behaviour of their tenants, the APQ paints a portrait of the tenants in the rental residences in Quebec:

Average rent in 2012: 678.00$

If one compares with the study of the rental market of the CMHC (Canadian Mortgage and Housing Corporation) published in mid-June 2012, the rents reflect the market since the CMHC determined an average at 677,00$.

0 to 500 $ 30,26%
500 to 1000$ 65,50%
1000$ and + 8,51%

Cases of delays and non-payment of rent: One notices a slight fall over the same reference period

2011 2012
Pays on the 1st 85,45% 86,39%
Does not pay on the 1st 14,55% 13,61%

Let us remind that according to the 2010-2011 management report from the Régie du logement:

Recovery-cancellation (number of cases submitted in 2010-2011): 38 729

Cancellation for frequent delays (number of cases submitted in 2010-2011): 5 025

Cases started again: 1 831

TOTAL: 45 585

The tenants remain on average 2.39 years in 2012 whereas in 2011 the average duration was 2.78 years in the same housing:

2011 2012
0 to 1 year 39.78% 45,25%
1 to 2 years 23.12% 24,19%
2 to 5 years 26.88% 22,62%
5 to 10 years 6.63% 5,78%
10 years and + 3.58% 2,17%

Average age: in 2011, 36 years whereas in 2012, 35 years.

Average income: in 2011 average salary 42 622.00$ whereas in 2012 on average 36 378.00$

The reference period goes from January 1st till June 30th, 2011 and from January 1st till June 26th, 2012.

Also, the legal team of the APQ will be available to answer questions to all the owners of residences of Quebec, members or not of our Association, on the 1st of July, by telephone at 1-888-382-9670. Moreover, on the website, you will have access to much advice for the owners, the tenants and the co-owners as well as to relevant documents such as the moving guide, verifications to be made, etc…

Founded in 1984, the Association of Quebec Landlords (APQ) is the most important association to offer services to the owners of rental residences while being present in all the regions of Quebec.

Contact Information

  • Estelle Fabre
    Director of Communications
    514-382-9670, extension 218