You’re a first-time home buyer? There are actually benefits to being a first-time home buyer. This website and our services can help guide you, to benefit from Canada’s various First-Time Home Buyer Programs. First-time home buyer mortgage is simply a buyer’s first mortgage loan; and that means the first-time home buyer is eligible for a variety of government programs, that help cover costs surrounding a home purchase.
The Land Transfer Tax Rebate for First-Time Home Buyers is available to you if you’re buying a home in Ontario. The City of Toronto also has its own land transfer tax rebate that you may receive in combination with Ontario’s rebate. Depending on where you live, will determine how much you will recover from your Land Transfer Tax (LTT). See the LTT calculator here.
Rent or Buy?
We also have a handy spreadsheet below, where you can enter some basic numbers to give you an idea if you should rent or buy a property. If the spreadsheet below does not work, then try clicking here.