Topic

First-time buyers

Programs, rebates and the first purchase, step by step.

First-time buyers October 28, 2026 5 min read First-Time Home Buyer Ontario Guide: Land Transfer Tax Rebates in Toronto If you are a first-time home buyer in Ontario, one of the more useful savings available to you arrives at closing, not before. Ontario offers a land transfer tax rebate for eligible first-time buyers, and buying inside the City of Toronto adds a second, separate rebate. This guide explains how both work, who qualifies, what the savings look like in dollars, and how they are claimed. What is the land transfer tax in Ontario? Land transfer tax is a one-time tax paid when you buy property in Ontario. It is calculated on the purchase price using tiered rates, and it is due on closing day. It is separate from your down payment and is one of the largest closing costs. Toronto is unusual. Buyers of property inside the city pay two taxes: the provincial land transfer tax and the City… Read
First-time buyers October 22, 2026 5 min read FHSA Canada and the Home Buyers’ Plan: A First-Time Buyer Toronto Down Payment Guide If you are a first-time home buyer in Ontario, two federal programs can work together on your down payment: the First Home Savings Account (FHSA) and the Home Buyers' Plan (HBP). Used in the right order, they let you draw on both new savings and existing RRSP money for your first home in Toronto. This guide explains how each one works, how they fit together, and what to check before you commit. What is the FHSA in Canada? The FHSA is a registered account for saving toward a first home. It combines two features: contributions are tax-deductible, and qualifying withdrawals for a first home are tax-free. The key rules are: You can contribute up to $8,000 a year, to a lifetime maximum of $40,000. Unused annual room carries forward, up to a limit, so you can contribute more in a… Read
First-time buyers October 12, 2026 1 min read Closing costs in Ontario, line by line Most buyers know their down payment to the dollar. Fewer have a number for everything else that's due on closing day. In Ontario, plan for these. Land transfer tax Ontario charges land transfer tax on every purchase, on a sliding scale. If the home is in the City of Toronto, the municipal land transfer tax is charged on top, at roughly the same rates, so Toronto buyers pay it twice. First-time buyers get a rebate of up to $4,000 on the provincial tax and up to $4,475 on the Toronto tax. On most homes this is the largest closing cost by far. The closing cost calculator works it out for any price. Legal fees and disbursements Your real estate lawyer handles the title search, the mortgage documents, the transfer and the funds. Fees vary; get a written quote that includes… Read
First-time buyers October 3, 2026 2 min read First-time buyer in Ontario? The programs worth knowing Buying your first home is the moment the government is most willing to help. The programs below can be combined, and together they can be worth tens of thousands of dollars. Rules change, so confirm the details with your lender, lawyer or accountant before you count on any of them. The First Home Savings Account (FHSA) The FHSA works like an RRSP on the way in and a TFSA on the way out: contributions are tax-deductible, growth is tax-free, and a qualifying withdrawal for your first home is tax-free too. You can contribute up to $8,000 a year, to a lifetime maximum of $40,000, and unused room can carry forward (up to $8,000). If you are buying with a partner, each of you can have one. The Home Buyers' Plan (HBP) The HBP lets you withdraw from your RRSP for… Read

The approach

With me, you don’t buy with confidence, you close with it.

I'm Nima. My work in commercial and investment real estate has taught me to look beyond the property itself, to the numbers, the risks and the details that matter. I bring that same approach to every residential transaction.

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