03/26/2026
๐ ONTARIO JUST REMOVED THE HST ON NEW HOMES โ up to $130,000 in savings.
Effective April 1, 2026, the province is eliminating the full 13% HST on new home purchases for one year only (until March 31, 2027). This is NOT just for first-time buyers โ it's open to ALL buyers.
Here's what you could save:
๐ฐ $500K home โ save $65,000
๐ฐ $750K home โ save $97,500
๐ฐ $1M+ home โ save up to $130,000
The $130K breaks down as:
โ Up to $50,000 federal GST rebate
โ Up to $80,000 provincial HST relief
Condos, townhomes, detached, semi-detached โ and even purpose-built rentals โ all qualify.
The window is ONLY open for ONE YEAR. The clock starts April 1. Talk to your real estate agent or lawyer before you sign anything. ๐๏ธ
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Barbara Hughes Realtor is here to help you find your dream home in Simcoe County real estate and York Region homes.