Up to now there has been a full PTT rebate available on any new build property, usually a condo or a townhouse, up to $750,000. Moving forward this limit will be increased to $1,100,000, which represents a relief of up to $20,000.

SUMMARY

These updates can make significant improvements to affordability, specifically when it comes to the amount of cash needed to close on a property.

Reach out to us to discuss how this may affect you!