This is a very comfortable, small hotel, in a perfect situation just on the edge of the old town in Quebec City - only a few minutes walk from most of the historic attractions.
It now offers non-smoking rooms, and has obviously undergone a recent refurbishment. The room I had was small, but well-equipped with TV, radio, iron and ironing board and a compact shower-room ensuite. Each room has individual air-conditioning (important in Quebec because it can be very humid). Even though the hotel is adjacent to a fairly busy road, there is not much traffic noise. On the ground floor of the property there is a cafe bar which serves breakfast - excellent croissants and coffee, and is not expensive. The staff are friendly and helpful. It is good value for such a central location - my room was just over $100 Canadian, including tax (breakfast is extra).
The only disadvantage is noise from other rooms - this is an old building and walls are not well insulated. You can hear just about every move that's made in the room next door.
Otherwise, a really good choice for an inexpensive stay.

My wife and I just returned from a weeklong vacation to Montreal and Quebec City, and we intended to stay 2 nights at Hotel Belley. Well, that's what we intended anyway. We are non-smokers. Although our 2nd floor room was designated non-smoking, upon arrival we found out that the stairway leading up to the second floor was very smokey. When we opened the room door, stale smoke smell was present in the room. It didn't come as a surprise after we found out the hotel operates a bar on the first floor. The room was clean, pleasantly decorated, and the hotel was in excellent lower-town location, but sadly we only stayed for one night and we had to switch to another hotel for the next night, even though we had already paid for both nights (Hotel Belley makes you pay in full upon check-in).

In summary, I would recommend this hotel if you don't mind smokey rooms. Otherwise, I would highly recommend Hotel des Coutellier instead, which is located right next door to Hotel Belley. The rate is only about $25 more per night at Hotel des Coutellier, but it is worth it since they include free breakfast while Belley doesn't.

We spent three nights at Hotel Belley and could not have found a better spot. Four mornings of their beautiful coffee and croissants were not enough! The hotel is located in a great spot, one can walk anywhere and yet is in an area that remains quiet in the evenings. The room was extremely spacious with lots of character and very clean. One could sit out front on the patio with a beverage and watch the locals play "petoncle". A most enjoyable short holiday and when I return, I hope I'll be able to get a room at the Hotel Belley.