Cashback calculator
See Your Number
Move the slider to the price you are shopping at. No email, no form, no follow-up unless you ask for one.
Your cash back, after closing
$10,000on a $1,000,000 purchase
- 1% of the purchase price
- No extra cost to you
- Agreed in writing up front
- Paid after closing
Estimate only. The rebate is 1% of the final purchase price on the transaction that closes, and the exact terms are set out in your buyer representation agreement before you start looking.
Closing Day Costs Money
This Comes Back
Land transfer tax, the lawyer, title insurance, the movers: you pay all of it around closing. Your rebate arrives after, which makes it the cheque that puts those costs back in your pocket.
City of Toronto only
About 26% in Toronto. About 46% Everywhere Else
On a $1,000,000 purchase in Toronto, your $10,000 rebate puts back about 26% of what closing day cost you. Anywhere else we serve, the 905, Kitchener, Waterloo, Cambridge or Guelph, there is no municipal land transfer tax, so the same $10,000 covers about 46%.
First-Time Buyer?
You are eligible for a land transfer tax rebate of up to $4,000 provincially, anywhere in Ontario. If you buy inside the City of Toronto you can claim up to $4,475 more against the municipal tax. Ask us and we will run your actual figures before you offer.
Where a Five-Figure Cheque Tends to Go
Pay Themselves Back
Land transfer tax and legal fees came out of savings on closing day. The rebate puts a chunk of it back.
Furnish the Place
A $10,000 cheque is a kitchen table, a bed, a couch and a fridge, without a credit card behind it.
Hit the Mortgage
Most lenders allow a prepayment in the first year. Ten thousand dollars against principal early is worth far more than ten thousand dollars later.
Fix the One Thing
The roof the inspector flagged, or the electrical panel you agreed to live with to win the offer.
Now You Know Where the Money Comes From
The next step is a number that applies to you, not to an example. Fifteen minutes on the phone and you will have it.
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