Are you buying a property in Toronto?
Are you a first time home buyer?
Ontario Land Transfer Tax Explained
Qualifying first time buyers of new or resale homes are eligible for a rebate of up to $2,000.
Toronto Land Transfer Tax Explained
This is in addition to the Ontario Land Transfer Tax. Qualifying first time home buyers may receive a rebate of up to $4,475 (equivalent of the LTT payable on a $400,000 property).
Contact an Avenue Realty Inc., Brokerage Realtor if you have any questions regarding buying a property or Land Transfer Tax.