My recommendation for the premier is to waive provincial land transfer tax entirely for first - time homebuyers. (seancooperwriter.com)
The MLTT is applied to purchases on all properties in the City of Toronto over and above the existing provincial Land Transfer Tax. (remonline.com)
The maximum that first - time home buyers can receive for provincial land transfer tax (LTT) is $ 2,000 and for the Toronto LTT its $ 3,725. (jackieeagles.ca)