Are you dreaming of a property in Montréal?

If you’re buying a property for the first time, take advantage of these Programs:

With its many benefits, the Home Ownership program could make your dream more attainable.

  • A lump sum financial assistance when you purchase a new property;
  • A refund of your "welcome" tax if you are a family with at least one child who is under 18 and you purchase a new property or an existing residential building with 1, 2 or 3 above-ground dwelling units;
  • Easier eligibility to the Ville de Montréal Major Residential Renovation and Renovation à la carte programs when you purchase an existing residential building with 1, 2 or 3 above-ground dwelling units.

If you already own a property, or have owned one in the last five years, you are entitled to receive:

  • A refund of your "welcome" tax if you are a family with at least one child who is under 18 and you purchase a new 3-bedroom property.

Bonus for families!

Families with at least one child who is under 18 are entitled to receive:

  • 6 months of free public transit on purchase of a one-year OPUS full-fare pass (one free pass per household);
  • 2 Accès Montréal cards to take advantage of discounts on many activities offered in the cultural metropolis.

This document summarizes the By-law concerning subsidies for home ownership [03-168]. Other conditions may apply.

The lump-sum financial assistance provided in this program is jointly funded by the Société d’habitation du Québec (SHQ) and Ville de Montréal as part of the Rénovation Québec program. The Canada Mortgage and Housing Corporation (CMHC) contributes to the assistance provided to low-income households. The real estate transfer tax refund is financed by Ville de Montréal.

Other financial assistance programs are available under Rénovation Québec. Please refer to the documents available in borough offices or consult ville.montreal.qc.ca/housing .

The version of the program terms and conditions found on the ville.montreal.qc.ca/housing web site is the most up-to-date. In case of discrepancy between the version on the web site and another version, whether electronic or printed, the web site version will prevail. In addition, in case of discrepancy between the present document, the web site or the By-law concerning subsidies for home ownership [03-168], the by-law will prevail.

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Banny Bar, Your Montreal Real Estate Broker     

                   1-514-967 1900                                       bannybar@gmail.com