First Time Buyer Info
First Time Buyer Tips
10 Tips You Need To Know
Buying your first home can be overwhelming. Here’s our top 10 tips to help with the process



Establish How Much You Can Afford



Establish Your Wishlist



Find Someone Who Has Your Best Interests at Heart



Know Your Credit Score



Get Pre-Approved For a Mortgage



Be Clear With Expectations



Dig Deep During Home Inspections
First Time Buyer Tips
10 Tips You Need To Know
Buying your first home can be overwhelming. Here’s our top 10 tips to help with the process



Know Your Credit Score



Establish How Much You Can Afford



Get Pre-Approved For a Mortgage



Establish Your Wishlist



Be Clear With Expectations



Find Someone Who Has Your Best Interests at Heart



Dig Deep During Home Inspections
Khalil bought his first home with CC Realty Group South. Here’s what his experience was like with the team.
First Time Buyer Grants
Why Not Save Some Money?
As a first time buyer in Canada, you may be eligible for a government grant. Here’s a list of grants that are offered;
First-Time Home Buyer’s Tax Credit
This grant allows first-time home buyers to recover some of the costs associated with a purchase (Ex. legal fees, land transfer taxes, home inspection). With our current tax rates, the non-refundable credit is worth an estimated $750.
Land Transfer Tax Rebate
First time buyers in Ontario can qualify for a rebate equal to the full amount of their land transfer tax, up to a maximum of $4,000 ($4,475 in Toronto).
RRSP Home Buyer’s Plan
The RRSP Home Buyer’s Plan allows first time buyers to borrow up to $25,000 (tax-free) from their Registered Retirement Savings Plan (RRSP) for a down payment. If you’re purchasing with another person who is also a first time buyer, each of you can access $25,000 from RRSP’s for a total of $50,000.
GST/HST New Housing Rebate
This rebate helps first time buyers recover some of the provincial part of the HST they paid to buy a house. To qualify, you must be buying a new or substantially renovated house from a builder.