Christian Deane Real Estate Sales Representative
1/17/2017 New Ontario LTT Rebate Land Transfer Tax Rebate doubled for first-time home buyers
Effective January 1st, 2017, Ontario has doubled the land transfer tax rebate for first-time home buyers from $2,000 to $4,000. That means that a first-time home buyer will pay no provincial tax on homes sold for $368,000 or less.

Ontario REALTORS® lobbied hard for the improved rebate and we're very proud to promote it to first-time buyers.

To help promote this new rebate we've created a website with an informative video and calculator that can help home buyers figure out how much tax relief they can claim on their first home.

The site is also equipped with tools and information for prospective buyers to encourage them to get into the market.

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