In 2025, Canada’s federal government is offering an enhanced support scheme to help more residents enter the housing market. Under the updated first-time home buyer support Canada 2025, eligible buyers can now receive up to $30,000 in financial assistance through down payment grants, tax credits, and interest-free loans.
The new program is part of Ottawa’s national housing strategy aimed at easing the affordability crisis and boosting homeownership among young Canadians.
What Is the First-Time Home Buyer Grant 2025?
The CRA housing grants 2025 initiative provides financial relief in three forms:
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A $10,000 non-repayable grant for qualifying buyers
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A $15,000 interest-free loan to be used toward the down payment
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A $5,000 tax credit applied during filing to reduce your annual taxes
Combined, these total $30,000 in federal support for eligible first-time buyers.
Eligibility Criteria
To qualify for the first-time buyer scheme Canada 2025, you must:
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Be a Canadian citizen or permanent resident
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Have never owned a home before, or not in the last 4 years
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Earn under $120,000 annually as a household
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Plan to occupy the home as your primary residence
Co-applicants such as spouses or common-law partners must also meet the eligibility rules.
How to Apply for First-Time Buyer Support
Follow these steps to access your CRA housing grant 2025:
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Get mortgage pre-approval from a participating lender
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Submit a First-Time Buyer Grant Application through the CRA portal
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Include supporting documents: income tax return, proof of income, and ID
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Await confirmation and receive your grant + loan before closing
Applications typically take 4–6 weeks for processing.
Participating Provinces and Municipal Support
While the federal scheme is available nationwide, several provinces offer additional housing incentives:
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Ontario: First-time buyer land transfer tax refund up to $4,000
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British Columbia: Property Transfer Tax exemption for homes under $500,000
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Quebec: Extra $750 tax credit plus municipal incentives
Some cities also provide matching grant programs, especially for new home construction or energy-efficient housing.
Tips for First-Time Home Buyers
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Get professional mortgage advice to secure the best rate
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Look into RRSP Home Buyers’ Plan withdrawals (up to $60,000 tax-free)
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Use housing calculators to plan your long-term costs
With this boost in 2025, new buyers will have more support than ever before.
FAQs
How much is the first-time home buyer grant in Canada 2025?
Eligible applicants can receive up to $30,000 in combined support: grants, loans, and tax credits.
Who qualifies for the 2025 home buyer program?
You must be a first-time buyer, Canadian resident, and have a household income below $120,000.
Is the $15,000 loan repayable?
Yes, but it’s interest-free for the first 10 years, with flexible repayment options.
Can I use this program with other housing incentives?
Yes, you can combine it with provincial tax credits, municipal rebates, and RRSP withdrawals.
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