Buy House In | Montreal Canada

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)

Essential to lock in a rate (currently around 3.4%–3.5% for variable options) and prove credibility to sellers.

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

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

Beyond the purchase price, expect to pay in closing costs. Permits a tax-free withdrawal of up to $60,000

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

Highly sought after by investors, with a median price of $880,000 . Essential Costs to Budget Mandatory for all Quebec real estate transactions

Highly competitive with a median price of $652,250 (up 6.9% year-over-year).