Have you been looking around the house, realizing that you need to make some serious changes?
Maybe a renovation to increase your home’s energy efficiency (or reduce your carbon footprint)?
If you live in Ontario, you're in luck!
Because there are plenty of Ontario renovation grants in 2017 that will help you save money.
You can improve your roof, make your house easier to access for someone with a disability, fix up that old granny suite in order to rent it out to help pay the mortgage, and much more...
Below we've listed all of the current homeowner grants for Ontario. Let's dive in!
Province of Ontario Home Improvement Grants, Rebates, and More
There are five different types of grants and rebates that are available from the Ontario provincial government: renovation grants and rebates for seniors, for people with disabilities, for secondary suites, for people with low incomes, and for first-time home buyers.
Seniors’ Homeowner Grants
You can qualify for relief if your farm/property was used as your principle residence for at least one year. You could have your entire provincial land tax deferred.
- This grant gives seniors a rebate upwards of $500.
- However, if your income was more than $50,000, you are not eligible for this grant.
Disabled Homeowner Grants
If you are making modifications to your home or vehicle to accommodate a disability. You could receive up to $15,000. However, this is a program that is supposed to be of last resort.
- Children up to the age of 19 with mobility disabilities
- Easter Seals will provide up to $3,000 to help with home renovations or equipment that is not covered by the Ministry of of Health’s Assistive Devices Program.
Low-Income Homeowner Grants
- Children up to the age of 19 with mobility disabilities
- Seniors can receive up to $1,165. Even students can receive a credit of $25 if any of their costs were related to energy costs.
- This program is an application program for a reduction in energy bills.
- The rebate is based upon household. For example a family of four making less than $39,000 could receive a $34 in credit on their monthly energy bills.
- This is a program that helps on a few different levels. You can use it to:
- Receive emergency financial assistance (up to $500)
- Have security deposit waved
- Ask for a disconnection grace period.
- The required money goes directly to the utility.
First-Time Homeowner Grants
- This tax credit can give you up to $5000 of tax relief from the federal government
- This applies to first time home buyers and anyone with a disability buying a home that has special conditions to help them with their disability.
- This program allows you to withdraw up to $25,000 from your RRSP to buy or build a new home.
- You can also use it to buy or build a home for yourself or someone you know with a disability.
- Can apply for a rebate when you pay the land transfer tax if you are a first time homebuyer.
- Starting January 1st, 2017 the most you can receive is $4,000.
- This is only available to anyone who has never owned a home anywhere.
HST Rebate Program
- Purchased new housing
- Made substantially renovations to your house
- Purchased shares in some form of co-operative housing
To apply for this program, click here to learn more.
Municipal Government Programs
Now as you’ll notice, there are many grants that come from different municipal governments.
If you live in one of the three biggest cities in Ontario (Toronto, Ottawa, or Hamilton) there are plenty of grants and tax rebates that you could be eligible for!
Toronto Homeowner Grants
- Water Rebate Program
- Home Energy Loan Program (HELP)
- Basement Flooding Protection Subsidy Program
- Eco-Roof Incentive Program
- Live Green Toronto
If you are a low income senior, or a low income person with a disability, and you use less than 400 cubic meters of water, you are eligible for this program.
The size of the rebate varies depending on water consumption.
If you are doing renovations with an eye towards improving your carbon footprint, this program will provide a low interest loan worth up to 5% of the current value assessment of your property.
Having problems with your basement flooding?
This program offers up to $3,400 for people looking to improve their property with a backwater valve, sump pump, or foundation drain.
This program is green and cool roofs. If you are looking to improve and existing building or building a new building under 2000 meters squared, you are eligible for up to $100 per meter squared for a green roof or, $2-5 per meter squared for a cool roof.
This a program that gives discounts on green products at different businesses (over 500!) in Toronto.
All you have to do is sign up for a free card which you can carry with you, or you can put an app on your phone.
- Options for Homes
- Habitat for Humanity
- City of Toronto Emergency Energy Fund
- City of Toronto Low-Income Energy Assistance Program
- City of Toronto Property Tax Increase Cancellation Program
If you are looking to purchase a new condominium, this is a non-profit that offers different way of paying for a condominium.
They also offer a Condo 101 class that explains what someone should look for when they purchase a new condominium.
This non-profit organization works to build homes for low income families.
Mortgages for them are capped at 30% of gross income for the family.
Anyone who has received a disconnection notice and is not some form of social assistance is eligible.
This one time program will give you a credit based upon your circumstances.
For Toronto Hydro users, this program will provide up to $500 to help pay any arrears.
The eligibility varies depending on how many people live in the household.
You are only eligible to apply for it once a year.
This is actually three programs, but only requires one application.
As a one-time relief, you can apply to the City of Toronto for a reduction or cancellation of your property taxes.
The deadline for this program is the end of February each year.
Ottawa Homeowner Grants
- Tax Deferral Program
- Residential Protective Plumbing Program
- Residential Grants for Sewer Backups
- Home Support Services
- Snow Go Assist Program
Low income seniors and people with disabilities who are low income are eligible to receive a full or partial deferral of their annual property tax.
There is no application deadline for first time applicants.
Looking to protect your home from basement flooding by adding a sump pump or a backwater value?
This program will reimburse up to $1,250 of the cost.
If you have had more than three sewer backups in the last fifteen years, you eligible to receive a grant of up to $1,000 to help cover some of the costs.
Low income residents with medical needs who need help with housekeeping work around the house are eligible for this program.
City residents can receive $250 per season for support with snow shovelling or light cleaning around the house.
Need help removing snow in the winter time?
If you are a low income senior or someone with a disability you can receive up to 50% of the cost to remove snow each time you pay someone to remove the snow for you.
Hamilton Homeowner Grants
- Residential Protective Plumbing Loan Program
- TAX ASSISTANCE PROGRAMS
- EMERGENCY REPAIR PROGRAM
Installing a new backwater valve?
Or a sump bump?
You may be eligible for a loan of up to $2,000 from the City of Hamilton.
For seniors 65 and older, you may be eligible for $183 tax credit if your property value is below $382,000 and as long you live at least 182 days a year in your Hamilton home.
People suffering from extreme poverty or have extreme sickness are eligible to have a compassionate appeal that could give you complete relief from your property tax for the previous year.
People with disabilities who are low income and, seniors who are also low income are eligible to for a deferral. You can apply any time of the year.
Currently receiving support from Ontario Works or the Ontario Disability Support Program?
Then you could eligible for $5,000 for repairs to your roof, electrical systems, foundation repair or many other other house repairs.
Secondary (Granny) Suite Grants
If you live outside of those three cities, there are other programs offered from municipal governments to improve your home. There are programs to improve your secondary (granny) suite.
Each program requires a limit on how much rent you can be charged for the secondary suite. You can receive a loan or grant for up to $25,000. The following are those that offer some form of program:
Down Payment Assistance Grants
Many Ontario municipalities have down payment assistance grants for first time homebuyers. You can receive between 5% and 10% of the sale price for a down payment on a new home.
Many of these programs are time sensitive, so if you live in the following areas you should look to apply ASAP:
- Mississauga - Home in Peel Affordable Ownership Program
- Kitchener – Affordable Home Ownership Program
- Windsor - Homeownership Down Payment Assistance
- Barrie – Simcoe County Homeownership Program
- Kingston – Municipal Home Ownership Program
- Markham – York Homebuyer Assistance Program
- Guelph – Wellington County Affordable Homeownership Down Payment Loan Fund
Utility Grants & Rebates for Ontario Homeowners in 2017
All utility companies in Ontario provide financial incentives for their customers via grants, rebates and discounts. These programs are available to all Ontarians.
The SaveOnEnergy program is available for residents and businesses in Ontario who have purchased and installed eligible central heating or cooling equipment through a participating contractor.
This is a series of coupons that you can print off and use in stores to save on products that save energy (include lights, weather stripping and programmable thermostats). You can save up to $10 off.
Enbridge Gas Rebates
You can get incentives up to $2,100 for retrofitting if you are a qualified homeowner.
You can get a cheque for $100 if you install a Smart thermostat.
This offer ends on December 31st, 2017.
If you have a house built before 1980 you could receive free winter proofing of your house by certified contractors. This in turn could save you 30% off your energy bills for winter.
Union Gas Rebates
This rebate program offers up to $5,000 dollars for their customers.
If you do an energy assessment before and after renovations.
This program will give you a free upgrade to prepare you for the winter.
You qualify if you are low income (a four person household can have a maximum income of $61,028) home owner.
Toronto Hydro Rebates
You can receive free upgrades of your of your refrigerator, freezer or lightbulbs, among other things to prepare for winter.
You qualify if you meet certain income qualifications (a four-person household can have a maximum income of $43,546).
As you can see, there are dozens of programs that Ontarians can use to improve their household.
There are rebates and tax credits that the provincial government offers to low income seniors and those with disabilities.
Many municipalities also offer loans, rebates and, tax credits to help with home renovations, especially if you are looking to go greener.
Finally, utilities companies in Ontario offer plenty of rebates if you are upgrading to more energy efficient products.
Enjoy the extra cash in your wallet!