03/25/2026
Ontario just made the biggest move in new home affordability in a generation.
This morning, Premier Ford announced that the full 13% HST is being removed from newly built homes in Ontario — for all buyers, not just first-time buyers.
Here’s what that means:
✦ New home under $1M → up to $130,000 tax savings
✦ Up to $1.5M → still qualifies for the full $130,000
✦ Open to all buyers — first-time, upsizing, downsizing
✦ Home must be your primary residence
✦ Purchase agreement must be signed between April 1, 2026 and March 31, 2027
That last point matters. This is a one-year window. When it closes, it’s done.
For years, new construction in Ontario carried a 13% built-in tax compared to resale. Builders baked it in, buyers paid it. Today that changed.
If you’ve been sitting on the fence about a new build — this is the moment where you really think about making the move.
DM me and I’ll walk you through exactly what this means for your budget and your situation.