First Time Home Buyers Tax Credit

You can claim an amount of $5,000 for the purchase of a qualifying home acquired in 2013, if both of the following apply:

1. you or your spouse or common-law partner acquired a qualifying home;
2. 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).

First Time Home Buyer Tax Credit – CRA Website