First-time home buyer programs in Ontario

Land transfer tax refund

Ontario refunds up to $4,000 of land transfer tax to eligible first-time buyers, which covers the full tax on a home up to about $368,000.

Toronto municipal land transfer tax rebate

• In Toronto, first-time buyers can get a rebate of up to $4,475 of the municipal land transfer tax on a new or resale home.
• You must be at least 18, a Canadian citizen or permanent resident, and move in within 9 months.
• You, and your spouse while married to you, can never have owned a home anywhere in the world.

HST relief on newly built homes

• Ontario's first-time home buyers' rebate removes the full 8% provincial portion of the HST on new homes valued up to $1,000,000, for agreements signed from March 20, 2025, to December 31, 2030.
• Ontario's temporary enhanced rebate, combined with federal relief, can save up to $130,000 on a new home: the full 13% HST up to $1,000,000, and less above that, down to $24,000 above $1,850,000. It applies to agreements with a builder signed from April 1, 2026, to March 31, 2027.
• If you qualify for both Ontario rebates, the total relief on the provincial 8% portion can't exceed $80,000.

Federal programs available in every province

• First Home Savings Account (FHSA): contribute up to $8,000 a year, to $40,000 in total, with tax-deductible contributions and tax-free qualifying withdrawals.
• Home Buyers' Plan: withdraw up to $60,000 from your RRSPs and repay it over 15 years.
• GST/HST first-time home buyers' rebate: up to $50,000 of the federal GST on a newly built home, in full up to $1,000,000 and phased out at $1,500,000.
• Home buyers' amount: a federal non-refundable tax credit of $1,500 (15% of $10,000).
• With less than 20% down, first-time buyers can get an insured mortgage with an amortization of up to 30 years.

Estimate your costs in Ontario

The calculator applies the provincial transfer tax or registration fees, with first-time buyer relief where the province offers it, plus default insurance and the monthly payment.

Before you rely on a program

Each figure on this page comes from the government page cited for it. We checked every program against its official page on November 13, 2026, and give the date a rule took effect wherever the government states one. Programs can close, run out of funding or change their limits, so confirm eligibility with the program before you sign an agreement of purchase and sale. Loans must be repaid, and income and price limits apply to the whole household.