Ryan Huang - Sales Representative

$420K is the price… but not the full picture 🧾
What actually matters is your monthly cost.

📩 DM me if you want a breakdown based on your situation

💰 Many buyers overlook land transfer tax when saving for a home.

🏠 Example: $600,000 home in Ontario → $8,475 in land transfer tax

📍 Buying in Toronto? You also pay a municipal land transfer tax, so Toronto buyers pay twice!

🎉 First-time buyers can qualify for a rebate:

Ontario max: $4,000
Toronto max: $4,475
✅ Combined max rebate: $8,475

(Applied at closing, so your amount owed is already reduced)

Ontario is proposing to remove the 13% HST on new homes for a limited time.

💰 Potential savings: up to ~$130,000
🏠 Applies to new homes priced up to about $1.5M
📅 Expected timeline: April 2026 – March 2027

The goal is to stimulate construction and help get more housing built as the pre-construction market has slowed significantly.

If approved, this could make new builds more attractive for buyers — but we'll have to see how it impacts pricing overall.

Would this make you consider buying a new build?

Remember, resale properties