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5 Reasons Why Buying New Is Best

Buying A Condo : Tips And Tricks To Make The Right Choice
Buying a Condo in Montreal Prevel Griffintown Old Montreal

A condo is a great investment

The value of your property will increase over time. Right now, buying a condo is one of the best investments you can make.

Financial assistance for first-time buyers

In Montreal, first-time buyers of a new property, with a maximum purchase price of $200,000 for single buyers and $250,000 for couples, receive a lump-sum payment of $ 4,500. Households with at least one child purchasing a home with a maximum purchase price of $280,000 or $360,000 (depending on the number of rooms and the total area of the dwelling) receive a lump-sum payment of $10,000 or $12,500, as well as a full refund of the “welcome” tax.

The guarantee plan for new residential buildings

If your builder has a licence from the Régie du bâtiment du Québec, your building is protected by a provincial insurance plan which covers work completion and non-apparent defects up to one year after the date of occupancy, latent defects up to three years after the date of occupancy, and major defects up to five years after the date of occupancy.

You can personalize your home

Make the condo your very own by selecting your countertops, cabinetry, the location of the electrical outlets, and other features.

You’re the first owner

For some buyers, the fact, for example, that they’re the very first to use a new shower in a new bathroom is a huge advantage. Plus, you don’t have to pay for costly renovations to fix the previous owner’s out-of-date or unappealing décor!

Prével Team

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Projects

Unveiling of three public artworks celebrating local culture and tour of the rooftop community garden: Prével’s Esplanade Cartier comes alive in the heart of Montréal

At a morning event on Esplanade Cartier’s urban square, attended by Robert Beaudry, City Councillor for the Ville-Marie borough and member of Montréal’s Executive Committee, Laurence Vincent, President of Prével, Élizabeth‑Ann Doyle, Executive and Artistic Director of the Montréal-based organization MU, and Véronique Rioux, Industrial Design Consultant, Prével officially unveiled three public artworks created by artists Antonietta Grassi, MSHL, and Diane Roe. The event also offered a tour of the new neighbourhood, allowing attendees to admire the works and discover Montréal’s very first rooftop community garden.
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