ACCÈS PROPRIÉTÉ2 PROGRAM

Buy a condo with a down payment of only $ 5,000

Accès Propriété2 is a program that allows buyers to purchase a unit with a down payment of only $ 5,000 as the program provides the additional 5% down payment, which must be refunded upon the resale or refinancing of the condo.

Build equity in your home!

IF YOU BUY A CONDO LESPÉRENCE VALUED AT $200,000
Sale price of the property: $ 200,000
5% down payment by Accès Propriété2: $ 10,000
Amount to be paid by the buyer: $ 190,000
Minimum buyer contribution: $ 5,000
Financing available (with credit acceptance): $ 185,000
FOUR YEARS LATER…
IF YOU DECIDE TO SELL YOUR CONDO
Estimated value of the condo in 4 years: $ 230,000
Cash advance reimbursed to Accès Propriété2 (5% of $230,000): $ 11,500
Net value to buyer 4 years later: $ 218,000
Amount paid by buyer upon purchase: $ 190,000
Potential gains with a buyer contribution of only $ 5,000: $ 28,500

HABITER MONTRÉAL

FINANCIAL ASSISTANCE PROGRAMS

The majority of Condos Lespérence's units are eligible for the Habiter Montréal subsidy programs. For more information and details on conditions for eligibility, please visit the Habiter Montréal website. A hand up to help you settle in Montreal.

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