Ontario Land Transfer Tax Rebate (First-Time Home Buyer)

What it is

Ontario refunds up to $4,000 of the Provincial Land Transfer Tax for first-time home buyers. If the home is in the City of Toronto, an additional Municipal Land Transfer Tax (MLTT) rebate of up to $4,475 stacks on top — a maximum combined refund of $8,475.

Who qualifies

• 18 years or older.
• Canadian citizen or permanent resident.
• Have never owned a home (or interest in a home) anywhere in the world. The bar is global, not just Ontario.
• Spouse must also have never owned during your time together.
• The property must become your principal residence within 9 months of registration.

How much

• Provincial rebate: lesser of (LTT owed) or $4,000. Effectively, no provincial LTT on homes priced up to $368,000.
• Toronto MLTT rebate: lesser of (MLTT owed) or $4,475. Stacks with the provincial rebate.
• Both rebates apply at registration — your real estate lawyer claims them on your behalf.

How to apply

1. Confirm eligibility before signing the offer.
2. Tell your real estate lawyer that this is your first home and you want to claim the rebate(s).
3. Complete the LTT Affidavit at closing.
4. Lawyer submits the rebate claim through Teraview at registration; the rebate is netted against tax owed at closing.

Common mistakes

• Forgetting that "never owned" is a global test — owning a home in any country, even briefly, disqualifies you.
• Not telling the lawyer up front. They cannot retroactively claim the rebate after registration without a formal refund application within 18 months.
• Assuming a spousal-purchase splits the rebate cleanly — if the spouse has previously owned, only your half qualifies, capped at $2,000 provincial / $2,237 Toronto.

Estimate your rebate

Purchase price

In the City of TorontoFirst-time home buyer

Provincial LTT

$0

Rebate: $0

Toronto MLTT

$0

Rebate: $0

Total saved

$0

Estimate only. Caps: $4,000 provincial, $4,475 Toronto. Final rebate is determined by the provider on registration.