A very good way to enter the real estate market is knowing you will be reimbursed taxes. Or are you thinking about updating your existing home? Quebec helps individuals understand the perks and benefits of home ownership through tax and other incentives that help ease the financial burden of home ownership.
City of Montreal, thanks for the Linkedin message! My clients will be notified about the wonderful assistance programs this grand renowned world-class city offers them.
Robert Youngs Montreal Home Inspection Services Inc.
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Montréal's financial assistance programs
How would your clients like to have their transfer tax reimbursed? Or receive a lump sum for buying a home? In all, the amount of financial aid could reach $10,000 for families (lump sum of up to $6,250 plus a refund of the property transfer tax).
New: A greater number of existing properties are now eligible for the program because the maximum purchase price for several types of existing buildings has been increased.
What if one finally finds the home of their dreams but the kitchen and bathrooms need a bit of renovation? Seduced by an adorable duplex on a charming street whose plumbing and electricity have seen better days? Find out about our residential renovation programs, whether its to replace indoor or outdoor components or to bring the building up to standards, the city is ready to offer a helping hand.
Buying a home whose foundation needs major repairs involves a certain degree of uncertainty... One thing is certain, however: the city offers homeowners up to $19,500 to stabilize the foundation of their home, anywhere within city limits.
Transfer tax reimbursed? Or receive a lump sum for buying a home?
Transfer tax reimbursed. or receive a lump-sum for buying a home when you qualify.
In all, the amount of financial aid could reach $10,000 for families (lump sum of up to $6,250 plus a refund of the property transfer tax). First-time buyers, as well as families who already own a home are eligible for this financial aid program.