2026-04-01

Say Goodbye to HST on New Homes in Ontario

If you’ve been thinking about buying a new home, this is the moment you’ve been waiting for.

As of today, the Ontario government has introduced a major new incentive that effectively eliminates HST on many new homes—putting real savings directly in your pocket.

What This Means for You as a Buyer

When you purchase a newly built home, you can now benefit from:

  • No HST on homes priced up to $1 million
  • Significant tax savings on homes up to $1.85 million
  • A lower overall purchase price

Simply put: the home you’ve been considering just became more attainable.

Real Savings You Can Feel

This isn’t a small rebate—it’s a meaningful financial shift.

Example:

  • Purchase price: $900,000
  • Previous HST cost: Up to $117,000+
  • Now: That cost could be eliminated

That’s money you can use for:

  • Your down payment
  • Upgrades and finishes
  • Furnishing your home
  • Or reducing your mortgage
Why Buying New Just Got More Attractive

For years, HST has been one of the biggest added costs when buying a new build.

With this change:

  • Your purchasing power just increased overnight
  • The price you see is much closer to what you actually pay
  • The gap between new homes and resale homes shrinks significantly

This makes buying new not just appealing—but far more competitive.

Who This Is For

This incentive is designed for a wide range of buyers:

  • First-time homebuyers
  • Move-up buyers needing more space
  • Downsizers looking for something modern and low-maintenance
  • Investors purchasing qualifying new rental properties

If you’re considering a new home, you’re likely in a position to benefit.

A Limited-Time Opportunity

This program is only available for a one-year window.

That means there’s a unique opportunity right now to:

  • Lock in major savings
  • Enter the market with an advantage
  • Buy new without the added tax burden
The Bottom Line

This isn’t just a policy update—it’s a real reduction in the cost of buying a new home.

You’re no longer factoring in a massive tax on top of your purchase.

You’re simply paying less—and getting more value.

Have Questions?

Reach out to our sales agents today to chat more about our updated (HST-free) pricing, or register here, let us know which community you are interested in, and we will be in touch.