Rimouski is a city of approximately 49,000 residents and the true capital of eastern Quebec. Located about 300 km downstream from Quebec City, the city was founded in 1696. Initially focused on agriculture and forestry, Rimouski gradually established itself as a regional service center. Starting in the 1960s, the shift to a service-based economy in Quebec particularly benefited Rimouski, which is now home to the University of Quebec in Rimouski, the only university in eastern Quebec.

Rimouski offers a remarkable quality of life, combining the services of a major city with an exceptional maritime environment. The city is distinguished by its thriving service sector, which accounts for 85% of jobs, mainly in public administration, health, education, and commerce. The city is known for its dynamic cultural scene, with a diverse arts scene and a wide range of shopping options that attract residents from across the region. Families particularly appreciate its recognition as a senior- and child-friendly municipality, while outdoor enthusiasts enjoy the parks, trails, and proximity to the St. Lawrence River.

The Rimouski real estate market is remarkably dynamic. Despite this vitality, the average price of single-family homes remains well below provincial averages, even though it has been rising steadily since 2020. The sustained demand is explained by a housing occupancy rate of over 99.6%, few new constructions, and a continuous influx of workers and students. Central areas and those offering river views are particularly sought after, with significant bidding wars for properties listed between $200,000 and $300,000. This market vitality makes Rimouski a destination of choice for young professionals, families, and investors looking to take advantage of the regional capital’s economic and cultural dynamism.