03/26/2026
🚨 Big news for Ontario buyers and investors!
Ontario is temporarily removing HST on many newly built homes — and it’s no longer just for first-time buyers. Starting April 1, 2026, the rebate will be expanded to all eligible buyers for one year on new homes priced up to $1M.
💰 That means savings of up to $130,000, with partial rebates still available on homes priced as high as $1.85M.
Whether you’re planning to live in the property or rent it out, you may qualify — making this a major opportunity for both end-users and investors.
🤝 This initiative is backed by both Ontario and the federal government, with nearly $2.2 billion in total tax relief expected across the province.
🏗️ The goal? Boost construction, improve affordability, and bring thousands of new homes to market — especially in high-demand areas like the Toronto housing market.
📈 Early projections suggest up to 8,000 new homes and 20,000+ jobs by 2027.
If you’ve been waiting for the right moment to buy new construction — this could be it.
