Ontario’s New Land Transfer Tax Rebate for First Time Buyers

As of January 1, first time home buyers are eligible for up to $4,000 in tax relief through the new Ontario land transfer tax rebate. 

The new rebate means that first time home buyers don’t have to pay tax on the first $368,000 of the purchase price of their home.

This tax break will reduce a first-time buyer’s closing costs and help them save more for their down payment.

To find out more information about how to apply for the rebate, contact us by clicking here.

Ontario LTT Rebate Checklist

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