The club was founded in 2010 by the original Montreal Impact after Trois-Rivières Attak decided to take a sabbatical for the 2010 season. Attak owner Tony Iannitto waived his players rights and opened his territory for the benefit of the Impact Academy. Montreal repatriated all the players and coaching staff from Trois-Rivieres to form the Academy while the Attak decided to sit out the 2010 season for undisclosed reasons. Head CoachPhilippe Eullaffroy recruited several promising players like Karl Ouimette, Maxim Tissot, Maxime Crépeau, Alessandro Riggi, Valentin Radevich, Kevin Cossette, Kevin Luarca, Mircea Ilcu, and Anthony Jackson-Hamel.Saputo Stadium served as their first home venue. The club made its debut on May 15, 2010 in a match against Milltown F.C.which ended in a 0-0 draw. In their debut season in the CSL, Montreal finished ninth in the standings missing the final postseason berth by two points. For the 2011 season notable academy graduates were Wandrille Lefèvre, Zakaria Messoudi, Victor N'Diaye, Philippe Lincourt-Joseph, and Jonathan Vallée. In their second season Montreal clinch their first postseason berth by finishing sixth in the standings, and finished with the fourth best offensive record within the league. Their opponents in the quarterfinals were Capital City F.C., where in the first match the Impact tied Ottawa to a 1-1 draw with a goal from Lefèvre. In the second leg of the series Montreal suffered a 2-1 defeat with Luarca recording the lone Montreal goal, which eliminated Montreal from playoffs by a score of 3-2 on goals on aggregate. In 2012, Yacine Ait-Slimane, Jérémy Gagnon-Laparé, and Stefan Vukovic were some of the notable alumni that played with Montreal. During the season Montreal achieved a nine-game undefeated streak, and recorded a franchise milestone by finishing as runners up in the standings with the second best offensive and third best defensive record. In the first round of the playoffs the team faced TFC Academy, and secured a 2-0 victory with both goals coming from Ilcu. In the next round the Impact faced the York Region Shooters, and advanced to the CSL Championship finals by defeating York Region by a score of 3-1 with Lefevre, and Ait-Slimane contributing the goals. Their opponents in the finals were Toronto Croatia, but unfortunately Montreal fell short by a 1-0 defeat. At the CSL awards ceremony Tissot received the CSL Defender of the Year award. In 2013, head coach Eullaffroy was promoted to the senior team as an assistant coach. After the De-sanctioning of the CSL by the CSA the club left the league. In 2013-14 the U-17/18 team played in the U.S. Soccer Development Academy. In 2014, the Academy joined the USL Premier Development League.
The Academy currently plays its home games at Saputo Stadium, a soccer-specific stadium which opened in May 2008. As the name suggests, the stadium was funded privately. Seating 20,341 supporters, Saputo Stadium is located just east of Olympic Stadium in the city's east end. Currently the seating is restricted just to the north grand stand.