04/06/2026
๐ For a limited time, the government is effectively ๐ซ๐๐ฆ๐จ๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐๐% ๐๐๐ on eligible new homes valued up to $1 Million. This results in a direct savings of up to $130,000
๐๐จ๐ญ ๐ฃ๐ฎ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ข๐ซ๐ฌ๐ญ-๐ญ๐ข๐ฆ๐ ๐๐ฎ๐ฒ๐๐ซ๐ฌ: Unlike previous programs, this one-year expansion is available to all buyers moving into a new build as their primary residence.
๐๐ฎ๐๐ฌ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐๐๐ฏ๐ข๐ง๐ ๐ฌ: Even for homes priced between $1M-$1.5M you still qualify for the maximum $130,000 rebate
๐๐จ ๐ช๐ฎ๐๐ฅ๐ข๐๐ฒ ๐๐จ๐ซ ๐ญ๐ก๐ข๐ฌ ๐๐% ๐ซ๐๐๐๐ญ๐:
1) Your Agreement of Purchase and Sale must be signed between April 1, 2026, and March 31, 2027.
2) Construction must begin by December 31, 2028.
Once this window closes next March, the rebates are expected to return to the standard levels
๐๐๐จ ๐๐ฉ ๐๐ฃ "๐ผ๐๐ฉ๐ช๐๐ก" ๐๐๐ซ๐๐ฃ๐?
While this rebate is a huge win, there are details you need to watch for. Historically, some builders incorporate the HST rebate into their advertised purchase price.
This is where my expertise come in. It can be difficult to tell if a builder has passed the full savings onto you, or if they have simply adjusted their base price upward to absorb the benefit. Let me help you ensure you are actually reaping the benefits of this new incentive!โจ
