Is Canada’s Foreign Buyer Ban Ending in 2027? What It Could Mean for Montreal Real Estate

Canada’s foreign buyer ban is scheduled to expire on January 1, 2027. For people watching the Montreal real estate market, that date raises an obvious question: will foreign buyers be able to purchase homes again?

The answer is still uncertain. The federal government could allow the ban to expire, extend it, or introduce a different set of rules. Here’s what buyers and investors should know now.

What does the current ban cover?

The federal ban generally restricts non-Canadians from purchasing certain residential properties in urban areas, including condominium units and buildings with three dwelling units or fewer. It began on January 1, 2023, and was later extended to January 1, 2027.

There are exceptions. For example, Canadian permanent residents can buy, and some temporary residents may qualify under specific conditions. The prohibition also does not cover every type of property. If you’re unsure whether it applies to you or a particular purchase, check your circumstances with a qualified legal professional.

Will the ban definitely end in 2027?

No decision about what comes next has been announced. January 1, 2027 is the scheduled expiry date, not a confirmed date when all foreign buyers will regain access to the market.

One possibility is that the government changes the rules to allow certain types of investment while continuing to restrict others. For now, buyers should avoid making plans based on an assumed change.

What could a change mean for Montreal buyers?

If more buyers become eligible to purchase, some Montreal properties could attract additional interest, particularly condos in areas that appeal to international purchasers. More competition could affect prices in specific buildings or neighbourhoods, but the size of any effect would depend on the rules introduced and how many buyers actually enter the market.

The opposite outcome is possible too: the government may extend restrictions or make only narrow changes. Interest rates, available inventory, housing constructi

on, and local demand will also continue to shape Montreal’s market.

For buyers, the practical move is to focus on what fits your budget and goals today, while keeping an eye on policy changes. For investors, it’s especially important to assess a property’s fundamentals rather than assume a rule change will increase its value.

Looking for property in Greater Montreal?

At Invest in Montreal, we help buyers and investors explore opportunities across Greater Montreal and compare options that fit their plans. Browse our latest projects or tell us what you’re looking for, and we’ll help you take the next step.

Information current as of September 26, 2026. This article is general information, not legal or investment advice. Rules may change before 2027.