Costs and getting started

When buying a property, there are costs to plan for. The sale price is not the only thing that matters.

Municipal taxes are significant expenses that vary depending on the assessment and the area.

It is therefore normal to have higher taxes in areas where citizen services are more extensive.

This is an expense that must be taken into account when analyzing the budget for the purchase.

Notary fees must also be planned for when buying a property.

The transfer tax, also known as the welcome tax, is a tax that will be charged by the municipality. Once you receive the invoice, you will have 30 days to pay it.

You should also plan for costs such as moving expenses, Hydro-Québec connection fees, telephone, cable, and so on.

Following the purchase, several expenses that come with being a property owner should also be expected, such as maintenance, snow removal, renovations, and improvements.

This is why, before buying, it is important to establish a budget and discuss it with your broker.

This way, we can truly find the property that meets your needs.

Contact us to discuss it.