Buy House In Montreal Canada Apr 2026

Check your credit score (ideally 680+) and save for a down payment (minimum 5% for the first $500k).

The Montreal real estate market is currently characterized as a overall due to limited inventory (roughly 5 months of supply), though specific segments vary:

Beyond the purchase price, expect to pay in closing costs. buy house in montreal canada

Mandatory for all Quebec real estate transactions. Typically costs between $1,500 and $3,000 .

First-time buyers in Montreal may qualify for a rebate of up to $5,000 . Check your credit score (ideally 680+) and save

Once conditions are met, the notary finalizes the deed of sale and registers the property transfer. First-Time Buyer Incentives

Allows you to save up to $8,000 annually tax-free for a down payment. Typically costs between $1,500 and $3,000

Essential for identifying structural issues. Costs range from $750 to $1,000 .