Becoming a homeowner is a significant milestone, marking the transition to a new phase of stability and personal achievement. We understand that the journey to homeownership can be both exciting and complex, and having the right tools is essential for making informed decisions and simplifying the process.

We aim to make homeownership more accessible and understand that purchasing a new property can be an intimidating process, especially when it comes to the initial investment where large deposits are typically required. That’s why we have implemented a more accessible deposit structure with rates ranging from 5% to 10%*, allowing you to acquire your dream condo without the worry of a hefty down payment.

That’s why we’ve created this resource page, designed to make your life easier by consolidating the necessary information and tools. Here, you’ll find everything you need to guide you through every step of your journey to homeownership, all in one click.

Canada Mortgage and Housing Corporation (CMHC)

Tools and information to help you buy a house or condominium in Canada.

• Homebuying calculators
• Buying guides
• Mortgage loan insurance for consumersé
• Housing information for newcomers to Canada

The Home Buyers' Plan

The Home Buyers' Plan (HBP) is a program that allows you to withdraw from your registered retirement savings plans (RRSPs) to buy a qualifying home.

Repayment of funds withdrawn under the HBP

You have up to 15 years to repay to your registered retirement savings plan (RRSP), pooled registered pension plan (PRPP) or specified pension plan (SPP) the amounts you withdrew from your RRSP under the Home Buyers' Plan (HBP).

Tax-Free First Home Savings Account (FHSA)

This registered plan allows first-time homebuyers to save tax-free for the purchase of an eligible home. When purchasing a first property, the withdrawal is non-taxable if certain conditions are met. Conditions can be found on the Withdrawals and transfers out of your FHSAs via the link below.

Owners of New Housing

Partial GST and QST rebate for new homeowners, under certain conditions. The GST rebate rate is 36% with a maximum amount of $6,300. For the QST, the rebate rate is 50% with a maximum amount of $19,500.

Home Purchase Assistance Program

A subsidy program offered by the City of Montreal to obtain financial assistance of $5,000 to $15,000 to purchase a new property.

Zero Down Payment Purchase Program by Desjardins for Momento

Is it possible to purchase a home with no down payment? With Desjardins, the answer is yes.

*Certain conditions apply. Contact us for more information.