Your Path to Homeownership Just Got Easier — Save Up to $130,000 as a First-Time Buyer

Federal GST Rebate (Announced)

On May 27, 2025, the Federal Government announced the First-Time Homebuyers’ GST Rebate, which removes the 5% GST on new homes priced up to $1M, and reduces it for first-time buyers purchasing between $1M and $1.5M.

This rebate allows qualified first-time homebuyers to save up to $50,000 on a new home purchase.

If eligible, you may claim the GST Rebate upon closing, directly from the Government.

LEARN ABOUT GST REBATE

Ontario HST Relief (Proposed)

The Ontario government is taking steps to temporarily provide relief on the full 13 per cent Harmonized Sales Tax (HST) on new homes valued up to $1 million. This would provide a maximum relief amount of up to $130,000.

For a new home purchased from a builder, the enhanced relief would generally be available if:

• the agreement of purchase and sale for the home was entered into with the builder on or after April 1, 2026, and on or before March 31, 2027; and
• construction of the home begins on or before December 31, 2028, and the home is substantially completed on or before December 31, 2031.

LEARN ABOUT HST Relief

Disclaimer:
The Ontario HST Relief is currently a proposal and has not yet been finalized or implemented. Details may change pending government approval. We will continue to monitor updates and share confirmed information as it becomes available.

Information is current as of Apr 30, 2026, and is subject to change without notice.