Save Up to $130,000 When Buying a New Home
The Ontario government has just announced an expansion to the HST Rebate program, in partnership with the Federal government. For a limited time, eligible buyers could save up to $130,000 when purchasing new homes up to $1 million. Discover how this affects your new home purchase.
What This Means for Homebuyers
The temporary expansion of HST relief on new homes would remove the full 13% HST to a maximum rebate of $130,000. This is building upon the previous rebate for first-time buyers, and making these savings accessible to more new homeowners.
How the HST Rebate Works
The full rebate reflects the removal of the 13% HST on new homes valued up to $1 million, with the maximum rebate maintained for homes priced between $1 million and $1.5 million and reduced savings available beyond.
The program is expected to apply to home purchased from April 1, 2026 to March 31, 2027 and would be available to buyers purchasing a home as a primary residence or residential rental property.
Program details are subject to final federal implementation. For full details on eligibility and requirements, refer to the Government of Ontario news release.
Make the Most of New Incentives at 6080 Yonge
Looking for a new home? 6080 Yonge is our newest pre-construction community, now selling. Located just north of Finch, it offers thoughtfully designed suites with access to transit and everyday essentials. With new incentives, now is the time to explore.
Trusted by Generations of Homebuyers
With over 90 years of experience and more than 90,000 homes built, Tridel is Canada's leading condominium builder. Our commitment to quality, customer care, and thoughtful communities makes us a trusted partner for your first home purchase.
