Éliane and Pascal, a couple in their thirties living in Longueuil, have just made a decision that could change their financial future. As homeowners for eight years, they have seen the value of their house rise significantly. Rather than letting this equity sit idle, they have chosen to leverage this resource to pursue a project that is close to their hearts: investing in a triplex.

 

After meeting with their Planiprêt mortgage broker, Éliane and Pascal learned that they could refinance their home to withdraw $160,000, or 20% of the down payment needed to purchase a triplex valued at $800,000 in Montreal's Villeray neighborhood.

This triplex already generates stable rental income, covering a large portion of the mortgage payments. In just a few weeks, their home went from being a passive asset to a real driver of financial growth.

 

Rising property values: The average price of plexes in the Greater Montreal area exceeds $770,000.

Competitive mortgage rates: In 2025, fixed rates are around 4%, making financing still accessible.

High rental demand: Rental housing is in high demand, especially in central neighborhoods, ensuring good profitability.

If you own a home and its value has increased, you might consider a similar strategy. Refinancing can allow you to:

Éliane and Pascal's story shows that it is possible to boost your finances by making smart use of the value of your home. With the right partners and a well-thought-out strategy, your property can become a springboard to a new stage in your financial life.

Talk to your Planipret mortgage broker to explore your options. And don't forget to subscribe to our alerts to stay informed about the best strategies of the moment.