To Buy

You are considering purchasing a home?

Are you looking for the house of your dreams? With our marketing tools, we will help you find the right home at the best price.

We offer you:

A most personalized service with your needs in mind
A complete list of all homes in your price range followed by all new listings immediately as they occur
Good negociation skills
Close follow-up from our first visit together until the signing at the notary

It will be our greatest pleasure to help you in your purchase process

Together we will discuss :

Your priorities
Your special needs
Your budget
The costs related to the purchase
The advantage of a pre-approved mortgage
Our approach to keep you informed of all new listings that may be of interest to you

Costs associated with the purchase of a home

BEFORE THE SIGNING OF THE DEED OF SALE

Inspection of the property by a recognized building inspector
Deposit on the offer to purchase

AT THE TIME OF SIGNING OF THE DEED OF SALE

Notarial fees

Adjustment of taxes

Municipal taxes
School taxes
Water tax (if applicable)

Filling up of oil tank

If the property has oil heating, the vendor must fill up the oil tank just prior to the signing of the deed of sale and remember to bring with him, at the notary, a copy of the bill. The buyer will reimburse the vendor the cost of a full tank of oil.

Electricity (Hydro-Quebec) and natural gas (where applicable)

The buyer and the vendor must both notify Hydro-Quebec and Gaz Metropolitain (where applicable) the date of ownership so that a meter reading be made on that same date so as to fairly appropriate costs.

House insurance

It is imperative that you furnish upon the signing of the deed of sale, proof that you have obtained house insurance for an amount at least equal to the mortgage on the property.

TRANSFER TAX (COMMONLY KNOWN AS THE WELCOME TAX)

Within 3 months following the signing of the deed of sale, you will receive the tax bill from the city.
The calculation is as follows (based on the higher amount , namely the purchase price or the evaluation of the property.

Town of Mount-Royal

Parts of the basis of imposition and corresponding tax rates starting January 1, 2019
For the section of the tax base:

That does not exceed $50,900, the rate is 0.5%;
That exceeds $50,900 but does not exceed $254,400, the rate is 1%;
That exceeds $254,400 but does not exceed $500,000, the rate is 1.5%.
That exceeds $500,000 but does not exceed $1,000,000, the rate is 2%.
That exceeds $1,000,000, the rate is 2.5%.