Monsalve, who had been on trial with FCE for the past couple of weeks, announced the deal via Twitter on Friday.
Monsalve, who made one MLS appearance for Toronto FC in 2007 and also played for Finnish side FC Inter Turku is expected to back-up No. 1 keeper Rein Baart.
“It means a lot to have the opportunity to be back playing in Canada,” Monsalve said in a release issued by the club. “It’s always fun to share the field with old friends week in and week out. I’m hoping to get out there and be effective in order to help the team get results. I’m looking forward to the challenge.”
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