5 Real Estate Resolutions for 2026: A Montreal Buyer’s Checklist

Happy New Year! As we step into 2026, the Montreal housing market is looking a bit different than last year. Prices are still moving, and the rules for buying have changed to give you more protection.

If you are thinking about buying a home this year, here are five simple goals to help you succeed.

1. Look for the “Condo Health Certificate”

If you are buying a condo in Quebec, there is a big new rule as of late 2025. Before you buy, the seller must give you a special document called a Syndicate Certificate.

Think of this like a “health report card” for the building. It tells you if the building has enough money for repairs and if there are any big fixes coming up (like a new roof). This helps you avoid “special assessments”—which are surprise bills that can cost thousands of dollars!

2. Check for “Welcome Tax” Refunds

Did you know the City of Montreal wants to help families stay on the island? If you are a first-time buyer with a child under 18, or if you already own a home but have a child under 13, you might get your “Welcome Tax” (land transfer tax) paid back to you!

Depending on where you buy and the price of the home, this could save you between $5,000 and $15,000. That is a lot of extra money for furniture or moving costs!

3. Use the New RRSP Limit

The federal government has made it easier to use your savings. You can now take out up to $60,000 from your RRSP (Registered Retirement Savings Plan) to buy your first home without paying taxes on it right away. If you are buying with a partner, that is $120,000 together! It is a great way to boost your down payment.

4. Don’t Be Fooled by “Low” Condo Fees

In 2026, a condo with very low monthly fees might actually be a red flag. Because of a law called Bill 16, all condo buildings in Quebec must now save more money for future repairs. If the fees are too low, it might mean the building isn’t following the new rules yet. It is often safer to buy in a building with slightly higher fees that has a solid plan for the future.

5. Get Your “Pre-Approval” Updated

Interest rates have stabilized, but they still change. Before you start visiting homes in Plateau, Griffintown, or the West Island, talk to your bank or broker. Getting a pre-approval letter tells sellers you are a serious buyer and lets you know exactly what you can afford so you don’t fall in love with a house that is out of your budget.