BUYER'S GUIDE

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What is a First-Time Home Buyer?

In Ontario, to qualify as a first-time home buyer, you must never have owned a home anywhere in the world, whether individually or jointly. This includes any ownership stake, so if you inherit or receive a property as a gift, you will not be considered a first-time home buyer.

What are the First-Time Home Buyer Incentives Available To Ontarians?

  • Recent mortgage changes to take effect December 15th 2024.
  • Ontario Land Transfer Tax Refund.
  • First-Time Home Buyers’ Plan.
  • First-Time Home Buyers’ Tax Credit.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.