Jordy Brisbin - REALTOR® | 604-839-2891

Vancouver And Burnaby Real Estate Agent : MLS® Listings

First Time Home Buyers Plan

 
A qualifying home buyer can withdraw up to $25,000 from their RRSP, and up to $50,000 for couples, for the downpayment on thier home.
 
To be eligible, this home must be purchased with the intent to occupy it, and you must be buying it as a first time buyer. If you have participated in the program previously, it may be possible to participate again, provided that the entire amount has been repaid to the RRSP, and a certain amount of time has passed. To read more about how a first time buyer is defined, click here.
 
It is also possible to take advantage of this program if you are a person with a disability, or if you are buying the property for a relative with a disability, who intends to occupy the home. To read more about this option, click here.
 
More conditions must also be met, and to read all of these details, click here.
 
 
First Time Home Buyers can take advantage of RRSP funds, income tax credits, HST rebate, and property transfer tax emeptions on qualifying homes.

Other Rebates and Grants

First Time Buyers Income Tax Credit
 
HST Rebate
Jordy Brisbin - REALTOR®
Cell:604-839-2891
Sutton-Centre Realty
3010 Boundary Road
Burnaby, BC
V5M 4A1 Canada
Powered by myRealPage.com