A home is usually the single largest investment that most people make in their lives. Achieving your dream can be made easier by taking advantage of available government programs for home buyers and property owners. Some of the programs are targeted to first-time buyers, while others apply more generally. Other programs benefit those in the industrial, commercial and multi-unit property market. Your REALTOR® can provide information on these programs and help you to determine your eligibility.
Government Programs for Home Buyers
- First-Time Home Buyers’ Tax Credit
- RRSP Home Buyers’ Plan
- Five Per Cent Down Payment Program
- HST New Housing Rebate
- Land Transfer Tax Rebates
- Ontario’s Condo Guide
- Ontario Energy and Property Tax Credit
- Ontario Sales Tax Credit
- CMHC Mortgage Loan Insurance For Homeowner / Small Rental Loans
- CMHC Purchase Plus Improvements Program