05/01/2026
Not new newsโฆ but still a smart move. ๐
The Government of Ontario has introduced temporary relief on the full 13% HST for new homes up to $1M.
๐ฐ Thatโs up to $130,000 in potential savings.
Who qualifies?
๐ก Buyers using the home as a primary residence
๐๏ธ New builds (detached, semi, condo, townhouse, rowhouse)
๐
Purchase agreements between April 1, 2026 โ 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).
โ ๏ธ Important:
This is temporary and depends on final federal approvalโdetails are still being released.
In markets like North Bay, where many homes are still under $1M, this creates a real window of opportunity.
If youโre thinking about buying or building, timing matters.
DM me for:
โข Homes that qualify
โข Real numbers based on your budget
โข What this actually means for you
Donโt wait until everyone else catches on.
๐๐ฐ๐ต ๐ช๐ฏ๐ต๐ฆ๐ฏ๐ฅ๐ฆ๐ฅ ๐ต๐ฐ ๐ด๐ฐ๐ญ๐ช๐ค๐ช๐ต ๐ค๐ญ๐ช๐ฆ๐ฏ๐ต๐ด ๐ค๐ถ๐ณ๐ณ๐ฆ๐ฏ๐ต๐ญ๐บ ๐ถ๐ฏ๐ฅ๐ฆ๐ณ ๐ค๐ฐ๐ฏ๐ต๐ณ๐ข๐ค๐ต.
North Bayโs local Realtor
Romy Ghumman
Contact us today!!
(705)-795-5007