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The Land Transfer Tax Rebate and First-Time Home Buyers

January 21, 2015

Are you a First-Time Home Buyer? Take note of the Ontario First-Time Home Buyer Land Transfer Tax Rebate.

The Ontario Land Transfer Tax Rebate for First-Time Buyers is equal to the full value of the land transfer tax up to a maximum of $2,000. [Certain Conditions Apply]. To obtain this refund, you need to apply within 18 months after the purchase of the home. The rebate currently applies to both New Homes and RE-sale Homes. It used to apply to only New Homes with Tarion Warranties.

 

Here at the Golfi Team, we are dedicated to making your buying experience as simple and stress-free as possible.

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