03/25/2026
Ontario is temporarily scrapping HST on many newly built homes — and it’s not just for first-time buyers anymore. The province plans to expand the rebate to all eligible buyers for one year, covering new homes up to $1 million starting April 1, 2026.
The maximum rebate could reach up to $130,000, with partial rebates still available for homes priced as high as $1.85 million. To qualify, the property must be used as a primary residence or rental.
The move is part of a joint plan with the federal government, which will help cover the federal portion of the HST. In total, the program is expected to deliver nearly $2.2 billion in tax relief across Ontario.
For Toronto’s housing market, where affordability remains a major issue, the province says the incentive could help kickstart construction — with projections of 8,000 new homes and over 20,000 jobs by 2027.
