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First time homebuyer

A brief overview of our comprehensive services when it comes to FTHB.

Larisa Adrianov

3/9/20241 min read

man and woman on kitchen
man and woman on kitchen

Are You Ready to Buy Your First Home? Embarking on the journey of purchasing your first home is an exhilarating milestone. Let us be your trusted guides through this exciting process. With our extensive experience in assisting first-time homebuyers, we offer meticulous attention to detail to ensure every aspect is taken care of. Leveraging our insider knowledge of the real estate market, we'll empower you to make informed and savvy decisions when buying your first home.

Our comprehensive services include:

  1. Identifying all available rebates to maximize your savings.

  2. Advising you on tax-efficient methods for financing your down payment.

  3. Providing insights on how to save money throughout the home buying process.

Explore the Financing and Tax Incentives Available to First-Time Buyers:

  • Eligible residents of Ontario, BC, or PEI may qualify for a land transfer tax refund of up to $4000. In Toronto, additional rebates are available for Townhouses, Single Family Homes, or Condos.

  • Take advantage of the opportunity to withdraw up to $35,000 tax-free from your RRSP to help finance your down payment. It's important to note that this amount must be repaid into your RRSP over time.

  • Receive a $10,000 Tax Credit to assist with home closing costs. Simply claim this amount on your annual tax return to access this valuable benefit.