There’s nothing quite like being the first to call a home yours. Building or buying new gives you advantages a resale home simply can’t match:
If you’re buying your first home and it’s a new build, the federal government may now cover the GST entirely – up to $50,000 back in your pocket!
Introduced in 2025, the First-Time Home Buyers’ GST Rebate is designed to make new construction more attainable for first-time buyers. Here’s how it works:
On a $500,000 new home, that’s $25,000 back. On an $600,000 home, $30,000. If you’re a first time buyer, take advantage of this significant discount!
This is a general overview for informational purposes only and not tax advice. Eligibility and amounts depend on your specific situation. We’re happy to connect you with a qualified accountant or tax professional.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
