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Linda Shaw, Realtor 604-787-2062E-mail Me Now





1)    HOME BUYERS PLAN - Eligible home buyers can withdraw up to $25k (couples can withdraw $50k!) from their RRSP’s for their downpayment.


2)    GST REBATE ON NEW HOMES – Buyers of new construction homes can apply for a 5% GST rebate if the purchase price is $350k, and between $350k and $450k there is a proportional rebate. Anything $450k and above is nil.


3)    BC PROPERTY TRANSFER TAX (PTT) EXEMPTION FOR FIRST TIME BUYERS – Eligible first time home buyers may be exempt from paying the PTT, which is 1% on the first $100k and 2% on the remainder of the purchase price, up to $475k. There is a proportional exemption for homes priced between $475k and $500k, with no exemption applicable beyond $500k.


4)    BC HOME OWNER GRANT – Reduces property taxes for homeowners with assessed values up to $1.1M.


5)    HOME ADAPTATIONS FOR INDEPENDENCE (HAFI) – Provides up to $20k to help low-income seniors and disabled homeowners & landlords to finance modifications to their home to increase accessibility and safety.


6)    CITY OF VANCOUVER RAIL BARREL SUBSIDY PROGRAM – The City of Vancouver offers a 50% subsidy on the cost of a rain barrel for residents.  Other municipalities have similar offers.


7)    BC HYDRO APPLIANCE REBATES – Mail-in rebates are applicable for buyers of ENERGY STAR cloths washers, fridges and freezers.  BC Hydro also rebates customers $30 to turn in spare fridges in working condition.


8)    FORTISBC REBATE PROGRAM FOR HOMES – eligible buyers can receive up to $300 rebate for purchasing an Enerchoice fireplace, or up to $1k off an ENERGY STAR water heater or switching to natural gas from oil or propane.


9)    HOME OWNER GRANT LOW-INCOME GRANT SUPPLEMENT PROGRAM – a supplement for low-income seniors for homes assessed up to $1.1M.


Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.