As a first time Buyer you may have a lot of questions regarding the process and what to expect. It’s the largest purchase you’ll probably make in your life. We’ll take the time to explain all the details, from understanding the purchase agreement, to details on market activity in your desired neighbourhood and the entire process from when your offer is placed to the day you pick up your keys.



There are various Government incentives that are offered for first time Buyers to help make the dream of home ownership easier on your wallet.

  • Land Transfer Tax Rebate of up to $2000 on the Provincial Land Transfer Tax and up to $3725 on the Municipal Land Transfer tax when purchasing in Toronto. For more information on the Land Transfer Tax rebate click here. To calculate what the Land Transfer Tax would be on your purchase click here.
  • You can withdraw up to $25,000 from your RRSP (Registered Retirement Savings Plan) to purchase your home and take up to 15 years to pay it back tax free. More info here.
  • You might be eligible for a 15% income tax credit on costs associated with the purchase of your home, up to a maximum of $5000 of home purchase costs (ie. land transfer tax, lawyer’s fees) meaning you’ll receive up to $750 back. More info here.

Although this is a first for you, it’s not a first for us. We’ve worked with numerous first time buyers. Click here to view what some of them have to say.

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