Incredible Toronto First Time Home Buyer Rebate 2022. The maximum provincial land transfer tax (ltt) rebate is $2,000 and the maximum toronto rebate (mltt) is $3,725. A first time purchaser may claim a rebate of municipal land transfer tax in proportion to the interest in land acquired by him/her, plus the interest acquired by his/her spouse (provided that.

This will cover the entire land transfer tax for homes priced at. For information on determining the value of the consideration for transfers of new. First time home buyers can get a land transfer tax rebate from the city of toronto for up to $4,475 if you live in your home within nine months after buying it.