The Ontario government just handed Toronto home buyers one of the biggest tax breaks in a generation — and most people still don’t fully understand how to use it. On March 25–26, 2026, Ontario announced and tabled the removal of
A single government announcement on March 25, 2026 quietly handed Toronto’s first-time buyers one of the largest tax breaks in Canadian real estate history — up to $130,000 back on a new home purchase. If you’ve been sitting on the
Toronto’s average home price has fallen 24.4% from its February 2022 peak of $1,334,544 — wiping out four years of pandemic-era gains and landing squarely back at 2020 price levels. For anyone who has been sitting on the sidelines waiting