In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.
Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.
One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.
The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.
Need the form?
The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.
The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.
Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!
See our All about buying section.
Owners’ comments
J7 (Aylwin) - 925 sqft - 2 bedrooms plus mezzanine at $ 369,999 plus taxes
Characteristics :
- Full width balconies with privacy screen
- Spacious condos
- Mezzanine and roof terrace
- Optimal configuration of space
- Possibility of arranging your condo according to your tastes
- European laminate and thermoplastic cabinets
- Quartz counter
- Engineered wood flooring
- Indoor or outdoor parking available as an option
- Optional secure bike storage
OSHA offers 200 1- to 4-bedroom units ranging in size from 660 to 1,500 sq.ft. Living in OSHA is enjoying the best price / area near downtown Montreal while having the chance to enjoy superior quality construction.
Close to four metro stations and quick access to downtown, the Hochelaga-Maisonneuve district will conquer you with its diverse cultural offer and its many dynamic and varied traders.
Take advantage of the windfall that is the last affordable central district.
Sales office:
3730 Sainte-Catherine East Street, Montreal
Please note that the sales office will be closed
from December 23rd to 26th and from December 31st to January 2nd inclusively.For more information, register on our website!