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The Ville de Montréal’s new program to support the purchase of a residential property and Accès Condos are complementary

April 12 2018

The Ville de Montréal’s new program to support the purchase of a residential property and Accès Condos are complementary

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The Ville de Montréal has just announced the enhancement of its program to support the acquisition of a residential property, a fund that offers financial assistance to buyers, under certain conditions.

For buyers of Accès Condos accredited units, this is great news! Indeed, this means that buyers who use the Accès Condos financial tool, a tool managed by the Société d’habitation et de développement de Montréal (SHDM), can ALSO, under the municipal program, have access to a subsidy from the Ville de Montréal for their purchase, according to the same criteria applied to any other buyer.

Indeed, the SHDM has designed the Accès Condos program to be complementary to other municipal initiatives aimed at enabling more households to buy a property and live in Montréal.

While the Ville de Montréal’s financial assistance program for the purchase of a residential property is accessible according to certain eligibility criteria, the only criterion of the Accès Condos financial tool is that of being eligible for a mortgage loan. Thus, in addition to the 10% purchase credit that reduces the down payment to only $1,000 for the purchase of an accredited Accès Condos unit, you may also be eligible for financial assistance from the Ville de Montréal ranging from $5,000 to $15,000, for a purchase made on or after May 1, 2018.

Have you already reserved your unit at Faubourg Contrecœur phase 5? You should immediately look into this new program because your deed of sale will only be notarized when you take possession of your unit, i.e. after the date of entry into force of the new program!

For more information on the Ville de Montréal financial assistance program for the acquisition of a residential property and the eligibility criteria, click HERE.

To visualize the Accès Condos accredited projects, click HERE.

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Looking for information on accreditation Accès Condos for residential projects? Would you like to be notified of the upcoming dates for submitting proposals for an Accès Condos accreditation? Join our mailing list and ask us your questions by filling this form.

Activities fields
How did you hear about the Condo Access Program ?
I WOULD LIKE TO REGISTER FOR THE SHDM MAILING LIST AND BE INFORMED OF THE UPCOMING DATES FOR SUBMITTING PROPOSALS FOR AN ACCÈS CONDOS ACCREDITATION.
I WISH TO MEET A SHDM REPRESENTATIVE TO OBTAIN INFORMATION ON THE ACCÈS CONDOS PROGRAM AND ITS ACCREDITATION PROCESS.
I WISH TO OBTAIN THE SPECIFICATIONS TO MEET FOR AN ACCÈS CONDOS PROGRAM ACCREDITATION IN ORDER TO SUBMIT A PROJECT.

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Refinancing (Cession of rank)

Is there a change of financial institution?
If yes, please specify the name of your former financial institution.
Attachment to include (copy of the loan agreement and a copy of the mortgage deed)
Non-compulsory. Required if the application is approved.
Copy of the loan agreement
Copy of the mortage deed

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

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Request for statement of account

Reason for request

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Pursuant to the Accès Condos Agreement, the SHDM may revise the reference price for the purpose of evaluating the part of the reimbursable increase in value if the sale price does not reflect the property’s market value.

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

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Approval of resale price

Does this transaction include a parking space?
Have you received the official purchase offer?
If yes, please attach a copy of the documents.
Attachment (if applicable to your situation, join the offer of purchase received)

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Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

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Transfer between joint purchasers or assignment of property

Please attach the documents required for the evaluation of the application.
Copy of the acceptance letter from the financial institution to transfer the mortgage to the assignee
Bank statement confirming current outstanding loan balance
Copy of the deed of assignment

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 21 days after receiving all requested documents and information.

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Form for registering on the list of SHDM suppliers

In accordance with the Act respecting access to documents held by public bodies and the protection of personal information, to which the SHDM is subject as a public body, the supplier consents to the disclosure of his data entered in this registration form.

The SHDM appreciates your interest and thanks you for having filled out this form. By being on our list of suppliers, we will be able, if necessary, to invite you to send us a quotation (bid).
SHDM is under no obligation of any kind to suppliers who fill out the form.
Do you have any purchase-related questions? Email your questions directly to: approvisionnement@shdm.org

At any time, consult our call for tender notices on the SEAO site at www.seao.ca to check whether calls for tender in your area of activity have been posted by SHDM.

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If you consider it useful, you may add documents to complete your company's profile.

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Estimate the amount to be reimbursed to the SHDM

Breakdown of the value of your property i
To know the purchase price of your condo, refer to the notarized deed of sale of your co-ownership unit.X


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  • 10%
  • 15%
  • 20%
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  • 10%
  • 15%
  • 20%

In the event of disparity between the amounts produced with this calculator and those of the statement of account produced by the SHDM, the latter has priority.