My Mortgage web
There are three main incentive programs for first-time home buyers:
1. Land transfer tax rebates, which rebate some or all of your land transfer tax.
2 The Government of Canada First-Time Home Buyer Incentive, which allows you to share part of your home's ownership with the government.
Update to the CMHC First-Time Home Buyer Incentive
On May 4th, 2021, the CMHC First-Time Home Buyer Incentive Program was expanded for buyers in the Toronto CMA, Vancouver CMA, and Victoria CMA. The new income eligibility threshold is now $150K (up from $120K) and the new home price limit is now 4.5 times household income (up from 4 times) for buyers in these three regions.
Links: First-Time Home Buyer Incentive Governement of Canada, Canada Mortgage and Housing Corporation- CMHC,
How much i have to put down in order to avoid CMHC?
By putting a minimum down payment of 20% you can avoid paying CMHC insurance. If you put a down payment of less than 20% on your new home, your mortgage is considered a high ratio loan (ratio of loan to home value) and consequently you must take out CMHC insurance to cover the lender if you default on the mortgage.
Librarries: Toronto Public Libraries Information on Toronto Libraries, and Library directory.
Etobicoke A brief history of Etobicoke; Great site for information about Pickering. Where to go and what to do.
Islington City Centre West-The area also known as Six Points and Etobicoke City Centre is in the city’s Ward 5 in the provincial and federal riding of Etobicoke-Lakeshore. It is an extensive area of neighbourhoods of single-family homes, condominiums and a major business district along Dundas Street West represented by Village of Islington Business Improvement Area. Area on map link
City of Toronto Official Website of the City of Toronto.
Toronto Parks, Gardens & Beaches Toronto Parks and Recreation
Etobicoke Community Associations Community Association Neighbourhood Associations
Etobicoke News What is happening in Etobicoke
Mapquest Get directions and maps to anywhere in North America!
Canada Post Moving? Forward your mail! Quick link to change your address, right here on-line. Postal code information.
Ministry of Transportation Moving? Change your drivers licence!
Service Ontario ServiceOntario is now making it easy for you to access the information, services and resources you need, when and how you need them. Whether you�re getting married, starting a business, moving or want to learn more about your workplace or industry, it�s all here.
YOUTUBE Etobicoke Rib Fest - OUR Neighbourhood!
Dancing Classess in Etobicoke Dancing community, anyone can attend ...
Toronto Catholic Schools Information on Catholic schools and school directory.
Toronto District School Board The Toronto District School Board serves almost 1.6 million electors of the City of Toronto. They are the largest school Board in Canada and among the largest in North America.
Toronto Public Schools - Find Your School Information on Toronto Public schools, and school directory.
50 Plus - Everything Zoomer The Internet Portal for Boomers, 50 Plus and Seniors
AARP - American Association of Retired Persons Benefits, Advocacy and Information on Aging for People 50 and over.
Aging with Dignity to help you and your family plan and receive the care you deserve
Caregiver Network is a resource centre created to help caregivers of the elderly and ill.
CARP: Canada`s Association for the 50 Plus Canadian Advocacy Group for the 50 Plus
Eldercare Canada Solutions for Adult Children of Aging Parents
Helps Here - Resources for Seniors and Caregivers A terrific resource for Seniors and their Caregivers
ltc planing network Long Term Care Planning Network - Canada`s only National Resource centre for aging and long term planning and education
Visitable housing Canada concept of designing and building homes with basic accessibility.
Bell Canada Quick link for moving information and how to change your Bell telephone services.
Enbridge Gas Enbridge Home Services.
Go Transit The Official GO Transit Website
Toronto Water Information on Toronto Water and how safe your drinking water is.
Blue Jays Baseball The official website of the Toronto Blue Jays.
Toronto Fun Guide The East Toronto Fun Guide - Information on Activities you can join through out our area
Can't find what you are looking for? Please feel free to contact us via telephone or e-mail at any time and we will be pleased to help you with your real estate needs.
We look forward to speaking with you.