Senior Homeowners’ Property Tax Grant

The Provincial Government is offering a program for low-income seniors who can be eligible for up to $500 back on their property taxes.

To be eligible, each of these has to be accurate:

  • Paid Ontario property tax during the year
  • Met either of the following income requirements:
    • You were single, divorced or widowed and earned less than $50,000
    • You were married or living common-law, and you and your spouse/common-law partner acquired a combined income of less than $60,000
  • Owned and occupied your principal residence
  • Were 64 years of age or older
  • Where a resident of Ontario.

The max grant amount of $500/year is adjusted based on net income:

  • Single, separated, divorced or widowed:
    • Less than $35,000 = $500
    • $35,000 less than, but not greater than $50,000 = a grant reduction of 33.3% of your income over $35,000
  • Married or common-law:
    • Less than $45,000 = $500
    • Greater than $45,000 = 33.3% reduction of your income over $45,000
    • Greater than $60,000 = Do not qualify
    • Only one person per couple can receive this grant
  • Click here for an online calculator to see how much money you could receive

A tax return needs to be filed to apply for this grant:

  1. General income tax and benefit return
  2. Report the amount of property tax that is paid on line 6112 on the ON-BEN application
  3. The grant is paid 4-8 weeks after the Canada Revenue Agency notifies you of the notice of assessment and a direct deposit will follow

 

Ontario Electricity Support Program

The Ontario Electricity Support Program is offered by the Ontario Government that provides a monthly on-bill credit for lower-income customers to reduce their electricity bill.

Eligibility is based on the number of people living in the home and the total annual household income after taxes

Click here for a new application form and to see if you are eligible for the program.

Click here to renew an application for the program.