Our proposal to you Allow HP & Associates to open a world of investment opportunity for you. Our team of experts will guide you through the process of investing in real estate in Montreal. Our professional and friendly brokers are specialists in helping non-residents acquire property in Canada.
The team at HP & Associates HP & Assoc excels at simplifying the investment process by looking after their clients’ interests every step of the way. HPs’ team of brokers puts their clients needs first and the firm is reputed not only for its success, but also for its high standard of client care.
Montreal Montreal is a thriving, cosmopolitan island city where European flair meets North American business culture. Consistently ranked as one of the top cities in the world for quality of life, Montrealers benefit from excellent health care, world-class universities, low crime, easy access to a stunning natural playground and a multilingual highly skilled work force.
Investing in real estate in Montreal Investing in Montreal real estate is easy with HP & Associates. • The first step is to contact the HP team. In Canada every broker has access to the entire market so there is no need to work with more than one broker. • Your broker will carefully listen to your needs and will prepare a strong short list to begin your search. • Enjoy attentive personalized service throughout the needs assessment, property search, selection and closing process. • Through its select network of service providers, HP clients benefit from exclusive access to top tier notaries, fiscalists, bankers, property managers and relocation consultants.
T : +1(514) 505-3111 F : +1(514) 457-6825 info@hpaa.ca www.hpaa.ca 90 Morgan, suite 217, Baie d’Urfé (Québec) H9X 3A8 CANADA
Money matters HP’s services are free of charge to its clients. The firm is paid a commission by the vendor. The following is a list of typical costs associated with buying property that you should expect: • Mortgage pre-qualification: Non-residents are required to produce a downpayment of 30% to 35% if they wish to secure a mortgage with a Canadian a. All other terms are the same for non-resident buyers as for Canadians. • Inspection: This necessary step is carried out by a qualified professional. Fees can vary from $500 to $1000 and up depending on the structure being inspected. • Notary: These fees can vary between $1500 CAD to $3000 depending on the complexity of the transaction. • Welcome tax: Provincial tax calculated as a percentage of the purchase price, payable a maximum 30 days after closing. • If the vendor is a company, GST and PST will be added to the purchase price. www.la-calculatrice.com/calcul-tps-tvq.html • HP & Associates property management fee if you choose to rent out your property for profit. • Please note that, if your purchase is a business investment, all your expenses are tax deductible in Canada. Tax agreements between France and Quebec will protect you from double taxation and will allow you to claim the maximum gains from your venture.
Montreal real estate is a low risk venture Investing in Montreal now is a uniquely excellent opportunity. Contrary to almost every other major North American city, real estate values have enjoyed a steady, healthy increase year over year for the last 12 years. Property is not overvalued and the market is balanced. Due to our strong and profitable banking system, interest rates remain at historic lows and non-residents are permitted to enjoy this benefit as citizens do. The demand for rental properties regularly outstrips supply. This will not change in the coming years as Montreal’s population continues to grow through immigration. Montreal real estate remains a low risk investment with a strong positive outlook.
T : +1(514) 505-3111 F : +1(514) 457-6825 info@hpaa.ca www.hpaa.ca 90 Morgan, suite 217, Baie d’Urfé (Québec) H9X 3A8 CANADA