You can claim an amount of $5,000 for the purchase of a qualifying home made in 2010, if both of the following apply: 
■ you or your spouse or common-law partner acquired a
qualifying home; and
■ you did not live in another home owned by you or your
spouse or common-law partner in the year of acquisition
or in any of the four preceding years (first-time
home buyer).
You do not have to be a first-time home buyer if you are eligible for the disability amount or if you acquired the home for the benefit of a related person who is eligible for the disability amount at Accountant Woodbridge. However, the purchase must be made to allow the person eligible for the disability amount to live in a home that is more accessible or better suited to the needs of that person. For the purposes of the home buyers’ amount, a person with a disability is an individual who is eligible to claim a disability amount
for the year in which the home is acquired, or would be eligible to claim a disability amount, if we do not take into account that costs for attendant care or care in a nursing home were claimed as medical expenses on lines 330 or 331.
A qualifying home must be registered in your and/or your spouse’s or common-law partner’s name in accordance with the applicable land registration system, and must be located in Canada. It includes existing homes and homes under construction. The following are considered
qualifying homes:
■ single-family houses;
■ semi-detached houses;
■ townhouses;
■ mobile homes;
■ condominium units; and
■ apartments in duplexes, triplexes, fourplexes, or
apartment buildings.
For more information: