03/25/2026
🚨 HUGE news for Ontario home buyers — up to $130,000 in savings on new construction!
Here’s the breakdown:
🏛️ The federal government has already passed a $50,000 rebate (5% HST) for first-time buyers
🏠 Ford’s proposal would add an 8% provincial rebate — and this one applies to ALL new home buyers, not just first-timers
📍 This could be a game-changer in markets like York Region, where new construction entry-level homes could finally be competitive with resale pricing
⚠️ A few catches to keep in mind:
The provincial portion still needs to be passed into law
The 5% federal rebate = first-time buyers only
The 8% provincial rebate = all new home buyers
Only applies to purchases between April 1, 2026 – March 31, 2027
This is a big win for buyers AND developers who’ve been sitting on unsold inventory. Stay tuned — I’ll be breaking down exactly how this impacts your buying power. 👇
💬 Drop your questions below!