What are the first time home buyer incentives?

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Feb 13th, 2023 8:10 am

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Feb 13th, 2023 12:33 am

snowhite445 [OP]: Deal Addict; Nov 9, 2017; 1062 posts; 153 upvotes

Feb 13th, 2023 12:33 am

What are the first time home buyer incentives?

What are the percentages and maximum amounts of rebates and incentives for first time home buyers for the following:

1- Ontario

2- Toronto

3- Federal

4- End of year taxes (maybe same as Federal?)

5- Any other I missed?

2 replies

Feb 13th, 2023 1:09 am

oasis100: Deal Fanatic; Mar 27, 2004; 8524 posts; 6667 upvotes; Toronto

Feb 13th, 2023 1:09 am

Land transfer tax rebate
Use the rebatehub ltt calculator
Home buyer tax credit. I think Is 1500
Not sure what else?

Full-time Realtor

Feb 13th, 2023 8:10 am

senasena: Deal Addict; Feb 19, 2019; 1903 posts; 2969 upvotes; Stouffville ON

Feb 13th, 2023 8:10 am

In addition to mentioned above the following programs.

First time home buyers incentive - not a good program IMO even for the once who qualify.

First time home buyer plan - IMO a good option for many.

Tax Free First Home Savings Account - coming soon, looks like a great program.

Full Time and Full Service Realtor

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