On the North Shore, renovating a plex or income property is often profitable — provided you know what assistance is available. ImmoMulti, a direct buyer of income properties on the North Shore, observes that two programs are particularly underused: LogisVert from Hydro-Québec offers financial assistance of up to $6,700 depending on the eligible equipment installed, with an enhanced benefit starting June 15, 2026, and up to 40% savings on winter heating costs. Rénoclimat, from the Quebec government, multiplies the insulation grant based on the number of units — a triplex can therefore receive three times the assistance of a single-family home. Both programs can be stacked on distinct work items. This practical guide explains the exact amounts, the eligibility criteria for duplexes, triplexes, and fourplexes, how the stacking mechanics work, and the concrete steps to ensure your North Shore income property takes full advantage of the available grants in 2026.
Why can energy grants make a difference for your North Shore plex?
Any plex owner on the North Shore knows the reality: between rising construction costs, property taxes, and insurance premiums, every compressed expense line matters. Heating represents a major share of operating costs for an income property — and that is precisely where energy grants come in. By funding insulation, windows, or a heat pump, they reduce both the upfront renovation cost and the recurring energy bill.
Our article on how more than one in four plexes in Quebec is not profitable named these programs without detailing them. That is the purpose of this guide: to explain concretely how much you can receive, who is eligible, and how to stack the grants. For a duplex, triplex, or fourplex owner on the North Shore, making proper use of LogisVert and Rénoclimat can be the difference between a profitable renovation project and one postponed indefinitely.
What is LogisVert from Hydro-Québec and how do you get up to $6,700 for your plex?
LogisVert is Hydro-Québec's financial assistance program for energy efficiency in residential buildings. For plex and income property owners, it is one of the most accessible grants, as it is triggered at the time of eligible equipment installation.
- Amount: financial assistance of up to $6,700, with the amount varying based on the eligible equipment installed (heat pump, geothermal, etc.).
- Savings: up to 40% on winter heating costs, a gain that flows directly to NOI.
- Eligibility: residential buildings with up to 19 units, as well as individual apartments in buildings with 20 or more units.
- Enhanced benefit: for installations completed on or after June 15, 2026.
In practice, a fourplex owner on the North Shore who installs an eligible heat pump can target this grant while reducing their winter heating bill. The eligibility structure — up to 19 units for the whole building, or per apartment beyond that — covers the vast majority of income properties in the region.
Source: Hydro-Québec — LogisVert Program
How does Rénoclimat multiply its assistance based on the number of units in your income property?
Rénoclimat is the Quebec government's program for energy efficiency renovations. It covers owners of single-family homes, but also duplexes, triplexes, and small income properties — making it a powerful lever for plex owners on the North Shore.
The calculation logic clearly favours multi-unit buildings:
- The insulation grant is multiplied by the number of units in the building.
- The energy assessment must cover the entire building.
- The grant for mechanical systems is calculated based on the number of appliances, with a maximum of one appliance per unit.
In other words, for a triplex, the insulation grant can be multiplied by three compared to an equivalent single-family home, making it a particularly compelling lever for income property owners.
The $40,000 federal interest-free loan is no longer available
The Canada Greener Homes Loan (a federal interest-free loan of up to $40,000) was a separate program from Rénoclimat. It is no longer accepting new applications: its funds are fully committed. Do not include this loan in your financing plan for energy efficiency renovations on a North Shore plex or income property in 2026.
New stream to watch: Rénoclimat – Adaptation
A Rénoclimat – Adaptation stream, dedicated to flood adaptation work, will be available starting October 1, 2026. For plex owners in at-risk North Shore sectors, this stream may support building adaptation projects. Check the exact conditions on Quebec.ca as the effective date approaches.
Sources: Québec.ca — Rénoclimat, multiplex grant and Québec.ca — Rénoclimat, eligibility criteria
LogisVert or Rénoclimat: which applies to your work and for how much?
The two programs do not overlap: they fund different types of work. This comparison table helps income property owners see which program applies to which work items.
| Criterion | LogisVert (Hydro-Québec) | Rénoclimat (Government of Quebec) |
|---|---|---|
| Who | Residential buildings ≤ 19 units; apartments in buildings with 20+ units | Owners of single-family homes, duplexes, triplexes, and small income properties |
| What | Installation of efficient equipment (e.g. heat pump), energy efficiency | Insulation, mechanical systems; full-building energy assessment required |
| How much | Up to $6,700 depending on equipment; up to 40% savings on winter heating | Insulation grant multiplied by number of units |
| Note | Enhanced benefit from June 15, 2026 | Adaptation stream (floods) from October 1, 2026 |
Can you combine LogisVert and Rénoclimat on the same income property?
This is where the strategy pays off. You can apply to multiple programs for distinct types of work. Stacking is allowed as long as each grant funds a different work item.
Stacking example for a North Shore plex
- Wall and roof insulation funded through Rénoclimat (grant multiplied by number of units)
- Efficient heat pump funded through LogisVert (up to $6,700 depending on equipment)
- Result: reduced net cost and up to 40% savings on winter heating
The golden rule: clearly separate work items in each application so no program funds the same expense twice. A project structured this way on a North Shore triplex or fourplex can reduce the actual net cost of an energy efficiency renovation by several thousand dollars.
"A well-insulated plex means lower heating costs, a more stable NOI — and a resale value that follows. Grants are not an accounting footnote: they change the project equation."
— ImmoMulti TeamWhat are the concrete steps to apply for an energy grant on your North Shore plex?
Here is how to approach an application in an orderly way, intelligently stacking the two active programs:
- 1. Identify the work: insulation, windows, heat pump, or other heating equipment. Classify each item under the most advantageous program.
- 2. Have the entire building assessed: Rénoclimat requires an energy assessment covering the whole income property, carried out by a certified advisor.
- 3. Verify LogisVert eligibility: your building must have no more than 19 units to be eligible as a whole building; beyond that, the grant applies per apartment.
- 4. Plan your timeline: target installations on or after June 15, 2026 for the LogisVert enhanced benefit, and monitor the Rénoclimat – Adaptation stream from October 1, 2026 if your area is exposed to flood risk.
- 5. Stack the grants: submit one application per program for distinct work items, with no duplication.
ImmoMulti: direct buyer of income properties on the North Shore
If, despite the grants, your plex or income property is no longer performing as expected, we can submit a direct offer — no commission, fully confidential. No public listing, no broker, no obligation. Receive a proposal within 48 h.
To go further, our North Shore plex insurance guide covers another key expense line to master, and our off-market deals page is for owners who prefer to sell discreetly. Used properly, energy grants remain one of the few levers that simultaneously reduce renovation costs and recurring operating expenses on your income property.
