Essential to lock in a rate (currently around 3.4%–3.5% for variable options) and prove credibility to sellers.
Buying a house in Montreal in 2026 requires navigating a "two-speed" market where single-family homes remain highly competitive, while the condo segment has shifted toward a more balanced or buyer-friendly environment due to rising inventory. As of early 2026, the average home price in Montreal is approximately , representing a 5.1% annual increase. Current Market Overview (2026) buy house in montreal canada
Allows you to save up to $8,000 annually tax-free for a down payment. Essential to lock in a rate (currently around 3
This is the largest upfront fee. In Montreal, it is calculated on progressive brackets; for a $652k home, budget approximately $8,500 . Current Market Overview (2026) Allows you to save
Essential for identifying structural issues. Costs range from $750 to $1,000 .
Choose based on lifestyle needs—popular hubs like Verdun, the Plateau, and Griffintown remain high-demand, while the South Shore (Longueuil) offers more options under $600k.
First-time buyers in Montreal may qualify for a rebate of up to $5,000 .