Buy House In Montreal Canada Page

Permits a tax-free withdrawal of up to $60,000 from your RRSP to be repaid over 15 years. To help you narrow down your search, How to Buy a House in Montreal in 2026 (10-Step Guide)

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

More options for buyers as inventory has surged by 20%, with a median price of $425,000 . buy house in montreal canada

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

This is the largest upfront fee. In Montreal, it is calculated on progressive brackets; for a $652k home, budget approximately $8,500 . Permits a tax-free withdrawal of up to $60,000

Allows you to save up to $8,000 annually tax-free for a down payment.

Essential for identifying structural issues. Costs range from $750 to $1,000 . Typically costs between $1,500 and $3,000

Work with a broker to draft a formal offer with conditions like a successful home inspection and financing approval.