Nilufer  Mama

Nilufer Mama

Broker

Forest Hill Signature Real Estate Inc., Brokerage*

Mobile:
416-346-0850
Office:
416-929-4343
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First-time homebuyers programs in Ontario - [Video]

 

There are several programs first-time buyers in Ontario can use if they're in need of financial assistance. Being considered a first-time home buyer in Ontario means you have never owned a home anywhere in the world. 

Land Transfer Tax Refund

The refund maxes out at $4k for homes with a value higher than $368k.

First-Time Purchaser Rebate

First-time buyers can receive additional tax relief if they purchase a new-build or resale residential property in Toronto. 

Local Homeownership Programs

Some Ontario municipalities run programs to help residents in their search for homes. 
 

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