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Uncovering the Best Incentives for First-Time Home Buyers in Toronto


Buying a home for the first time is an exciting milestone in anyone's life. However, it can also be an overwhelming process, especially in a city like Toronto, where the housing market is highly competitive and expensive. Fortunately, there are many incentives available to help first-time homebuyers navigate the Toronto real estate market.

 

In this article, we'll explore the best incentives for first-time homebuyers in Toronto, ranked by their effectiveness in making homeownership more accessible and affordable.

 

  • Home Buyers' Plan (HBP)

The Home Buyers' Plan (HBP) is a federal program that allows first-time homebuyers to withdraw up to $35,000 from their…

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