18
Jan
New Rebate for First-Time Home Buyers
First-time home buyers are now eligible to get $4,000
New Ontario LTT Rebate
Effective January 1st, 2017, Ontario has doubled the land transfer tax rebate for first-time home buyers from $2,000 to $4,000. That means that a first-time home buyer will pay no provincial tax on homes sold for $368,000 or less.
Effective January 1st, 2017, Ontario has doubled the land transfer tax rebate for first-time home buyers from $2,000 to $4,000. That means that a first-time home buyer will pay no provincial tax on homes sold for $368,000 or less.
Ontario REALTORS® lobbied hard for the improved rebate and we’re very proud to promote it to first-time buyers.
Visit www.FirstHomeRebate.ca for an informative video and calculator that can help you figure out how much tax relief you can claim on their first home. Included are tools and information to help you with your decision to buy.
REALTORS® and the Canadian Dream
Home ownership is part of the Canadian Dream. It’s a source of financial security, drives economic activity and binds communities together. So take a minute and visit www.FirstHomeRebate.ca, and find out how to make home ownership more affordable.
REALTORS® and the Canadian Dream
Home ownership is part of the Canadian Dream. It’s a source of financial security, drives economic activity and binds communities together. So take a minute and visit www.FirstHomeRebate.ca, and find out how to make home ownership more affordable.
