Baseline GST/HST rebates can still help eligible primary-residence buyers and rental investors, saving up to $24K in PST on homes $450K+ where eligible.
For first-time buyers, the federal rebate fully refunds GST on new homes up to $1M, with partial refunds from $1M to $1.5M.
First-time buyers get longer runway: federal eligibility began March 20, 2025, and Ontario full HST refunds would extend through 2030 if approved.
If approved, Ontario's enhancement covers April 1, 2026, to March 31, 2027, giving all buyers full HST refunds on homes up to $1M.
Before signing, confirm whether the builder folds rebates into pricing, verify construction timelines, and coordinate with your Real Estate lawyer and agent.
Is moving from Toronto to Vancouver actually more expensive for homeowners?
Moving from the GTA to Langley, BC, may increase monthly non-recoverable expenses by about 10-20%. Groceries and dining out cost more in BC, with grocery bills rising around 10%. Utilities are cheaper due to lower...