05/08/2018
*Montreal Welcome Tax Reimbursement 2.0*
The city of Montreal revealed details of its "Home Ownership Program", which is slated to begin June 1 2018.
In a nutshell, buyers can recive between $5000-$7000 for a purchase of an existing property worth up to $630 000 (house, condo or up to 5 plex) if at least one child lives with them.
Buyers of new properties can also get up to $15000 towards their purchase but there are limits. Take a look at the chart in the link below.
Important : the executive committee began the process of adopting a new Home Ownership Program to replace the current program as of June 1, 2018. FAQ