First-Time Home Buyer Land Transfer Tax Rebates and Exemptions
First-time buyer rebates are eligibility tests, not just discounts. Verify buyer history, spouse history, occupancy, property type, price thresholds, and documents.
Quick facts
- Ontario refund: up to $4,000
- Toronto MLTT rebate: up to $4,475
- B.C. full exemption threshold: $835,000 fair market value
- PEI exemption: all purchasers must qualify
What to verify
- Confirm whether every buyer must be a first-time buyer.
- Check citizenship, residency, age, occupancy, and price thresholds.
- Keep proof ready before closing funds are finalized.
First-time buyer rebate matrix
| Jurisdiction | Benefit to verify | Eligibility risk |
|---|---|---|
| Ontario | Provincial LTT refund up to $4,000 | Buyer and spouse history, citizenship/permanent residence, age, principal residence timing, and ownership share. |
| Toronto | Municipal MLTT rebate up to $4,475, in addition to the Ontario refund if eligible | Toronto location, MLTT eligibility, provincial first-time buyer criteria, and whether MNRST or high-value MLTT also applies. |
| British Columbia | PTT exemption on the first $500,000 if the first-time buyer program applies | Canadian citizen/permanent resident status, B.C. residency or tax returns, worldwide principal-residence ownership, $835k full-threshold, $860k partial-threshold, size, improvements, and occupancy. |
| Prince Edward Island | Real Property Transfer Tax may be waived for qualifying first-time home buyers | All purchasers must qualify, declaration must be signed, and residency/183-day occupancy refund rules can matter. |
| Delaware | First-time buyer transfer tax credit may reduce state transfer tax where eligible | Buyer status, purchase price limits, property use, local tax layer, and required affidavits or forms. |
| Maryland | Reduced 0.25% Maryland state transfer tax rate for qualifying first-time Maryland home buyer deeds | First-time Maryland homebuyer eligibility, county transfer/recordation taxes, and deed recording treatment. |
Official sources
Related calculators and guides
Next step
Find the rebate before you finalize your down payment plan.
Common questions
What should I verify for First-Time Home Buyer Land Transfer Tax Rebates and Exemptions?
First-time buyer rebates are eligibility tests, not just discounts. Verify buyer history, spouse history, occupancy, property type, price thresholds, and documents. Key items include Confirm whether every buyer must be a first-time buyer and Check citizenship, residency, age, occupancy, and price thresholds.
What is the next step after using First-Time Home Buyer Land Transfer Tax Rebates and Exemptions?
Find the rebate before you finalize your down payment plan. Use the calculator result as a planning estimate, then verify final costs with the official authority and the professional handling closing.
Which official source supports First-Time Home Buyer Land Transfer Tax Rebates and Exemptions?
Start with Ontario first-time homebuyer refund, then confirm the final treatment with the official authority and the professional handling the transaction.
Last reviewed: 2026-06-25. Estimates are educational and should be verified with the official authority and the professional handling closing.