First-Time Home Buyers and the Land Transfer Tax
Are you buying a home for the first time? You may be eligible for Ontario First-Time Home Buyer Land Transfer Tax Rebate – The Ontario Land Transfer Tax Rebate is equal to the full value of the land transfer tax up to a maximum of $2,000 (In the City of Toronto, include the Toronto LTT which can be up to a maximum of $3,725.00). There are certain conditions so click here HERE to learn more. This rebate applies to both New Homes and Re-sale Homes. You need to apply for this rebate within 18 months of purchasing your home to obtain your refund. Please use our First Time Home Buyer Land Transfer Tax Calculator