Unlock Home Buyer Programs with Farnaz Bahramian Fard
Government programs can save you thousands and make homeownership more affordable. With expert guidance from Farnaz Bahramian Fard , you can take full advantage of these opportunities and find your dream home faster.
or share your results with Farnaz Bahramian Fard to confirm your eligibility and find the best savings.
Or send your results to Farnaz Bahramian Fard to review your situation and find more ways to save on your home.
Home Buyer’s Plan (HBP)
The HBP allows you withdraw up to $60,000 from your RRSP tax-free to buy or build your first home. You'll have up to 15 years to repay the funds, starting the second year after withdrawal.
Tips
If buying with a partner, each of you can withdraw $60,000, for a combined $120,000 toward your down payment.
Looking for help with Home Buyer’s Plan application?
First-time home buyer You haven’t lived in a home owned by yourself or your spouse/common-law partner in the current year or in any of the past four years
Have a written agreement to buy or build a qualifying home
Plan to occupy the home as your principal residence within one year of purchase or build
What homes qualify?
Located in Canada
Includes:
Detached or semi-detachedhomes
Townhouses
Condominiums or apartments
Mobile homes
Co-ops with equity ownership
Check Out Some of Farnaz Bahramian Fard ’s listings that could qualify for the Home Buyer’s Plan.
The FHSA is a registered plan that combines the benefits of an RRSP and TFSA — tax-deductible contribution and tax-free withdrawal for your first home. You can contribute up to $8,000 per year, with a lifetime maximum of $40,000.
Who is eligible?
Canadian resident
18 to 71 years old
First-time home buyer You haven’t lived in a home owned by yourself or your spouse/common-law partner in the current year or in any of the past four years
When making a withdrawal:
Have a written agreement to buy or build a qualifying home
Plan to occupy the home as your principal residence within one year of purchase or build
Open FHSA early in the year to maximize your annual contributions and investment growth.
Government Programs for Home Buyers
Maximize Your First Home Budget
Curious how to combine the HBP with the FHSA to boost your down payment? Connect with Farnaz Bahramian Fard today to build the best strategy for your first home
Since 2005, Farnaz has been dedicated to helping clients navigate the real estate market with confidence while consistently creating value. She takes a personalized approach, aligning each client’s goals with strategic, results-driven solutions.
With a background in clinical psychology and extensive industry experience, Farnaz is a thoughtful and skilled negotiator who advocates strongly for her clients. Her business is built on trust, lasting relationships, and a strong network of repeat clients and referrals.
Area Covered: Areas of Service York Region, Toronto, Richmond Hill, Aurora
Land Transfer Tax Rebates
The LTT is a provincial and/or municipal tax paid when purchasing a property. Some provinces offer rebates for first-time home buyers
Looking for help with your Land Transfer Tax Rebate application?
First-time home buyer You haven’t lived in a home owned by yourself or your spouse/common-law partner in the current year or in any of the past four years
Plan to occupy the home as your principal residence within 9 months
How much can you get?
Ontario: Up to $4,000
Toronto: Up to $4,475 in addition to the Ontario rebate
British Columbia: Full exemption for homes up to $500,000
Other provinces vary; check your local rules
Estimate your land transfer tax in seconds. Use our Land Transfer Tax Calculator to see how much tax you’ll pay and any potential rebate you may qualify for.
Have your Land Transfer Tax figured out?
Receive updates on newly listed properties in your area and make your next move easier.
Also known as the First-Time Home Buyers’ Tax Credit (HBTC), this on-refundable tax credit helps with closing costs. You can claim up to $10,000, which translates to a maximum tax reduction of $1,500.
Who is eligible?
First-time home buyer You haven’t lived in a home owned by yourself or your spouse/common-law partner in the current year or in any of the past four years
Bought a qualifying home in Canada
Plan to occupy the home as your principal residence within one year of purchase
What homes qualify?
Located in Canada
Includes:
Detached or semi-detached homes
Townhouses
Condominiums or apartments
Mobile homes
Co-ops with equity ownership
See how HomeLife/Bayview Realty Inc., Brokerage* has helped clients turn their homeownership dreams into reality. Get in touch today to start your own journey.
TESTIMONIALS
CMHC Improvements (Purchase Plus Improvements)
The CMHC Improvement program lets you add eligible renovation costs to your mortgage — up to 10% of the improved value of the home Market value after renovations. . Ideal for buying a fixer-upper or upgrading immediately without a separate loan.
Tips
For owner-built or rental properties, you may qualify for construction financing or small rental loans under different rules.
Sign up for Neighborhood Buzzer to get updates on homes with renovation potential
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