land transfer tax rebate info  

      

                                  LAND TRANSFER TAX REBATE FOR FIRST TIME BUYERS

 

   This is incredible news for first time buyers who are buying a

 re-sale home or condo.  The Provincial Government of Ontario has

 announced that it is expanding the PROVINCIAL land transfer tax

 rebate for first-time buyers to include re-sale housing !!!

   Effective for first-time buyers who enter into Agreements of

 Purchase and Sale after December 13, 2007. First-time buyers of both

 re-sale, and newly constucted homes will be elligible for a rebate

 of the provincial land transfer tax of up to $2000.00.

 

     For more information: Ministry of Finance General Inquiry

                           1-800-263-7965