Sara Javed - Real Estate Service

Sara Javed - Real Estate Service Living Realty Inc., Brokerage
Real Estate Sales Representative, Ontario prismdesignspace.com
(3)

Prism Design Space, Building Permit
Building permit for basement apartment or secondary suite in Ontario.

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Oakville, ON
L6K1C6

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First Time Home Buyers Incentive


  • The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a portion of their home purchase through a form of shared equity mortgage with the Government of Canada.

  • For the purchase of an existing home, an incentive amount of 5 percent may be available. For the purchase of a newly constructed home, an incentive amount of 5 percent or 10 percent may be available.

  • Doubling the incentive for purchasers of new homes encourages new housing supply.