03/09/2023
Who qualifies as a first-time buyer in Ontario?
It’s good to understand what being a “first-time home buyer” means in Ontario, especially if you intend on making use of any provincial assistance programs.
Being considered a first-time home buyer in Ontario means you have never owned a home — in full or in part — anywhere in the world. That also holds true if you owned property that you didn’t technically buy. If you previously received a home as a gift or inheritance, for example, the government of Ontario won’t consider you a first-time buyer.