05/01/2026
Not new newsβ¦ but still a smart move. π
The Government of Ontario has introduced temporary relief on the full 13% HST for new homes up to $1M.
π° Thatβs up to $130,000 in potential savings.
Who qualifies?
π‘ Buyers using the home as a primary residence
ποΈ New builds (detached, semi, condo, townhouse, rowhouse)
π
Purchase agreements between April 1, 2026 β March 31, 2027
This follows the same structure as existing rebates like the Ontario HST New Housing Rebate and New Residential Rental Property Rebate (with added conditions).
β οΈ Important:
This is temporary and depends on final federal approvalβdetails are still being released.
In markets like North Bay, where many homes are still under $1M, this creates a real window of opportunity.
If youβre thinking about buying or building, timing matters.
DM me for:
β’ Homes that qualify
β’ Real numbers based on your budget
β’ What this actually means for you
Donβt wait until everyone else catches on.
ππ°π΅ πͺπ―π΅π¦π―π₯π¦π₯ π΅π° π΄π°ππͺπ€πͺπ΅ π€ππͺπ¦π―π΅π΄ π€πΆπ³π³π¦π―π΅ππΊ πΆπ―π₯π¦π³ π€π°π―π΅π³π’π€π΅.
North Bayβs local Realtor
Romy Ghumman
Contact us today!!
(705)-795-5007