BUYERS COULD SAVE UP TO $130,000!
We have big news for Ontario homebuyers. The Government of Canada has announced a major new HST rebate program that could save buyers up to $130,000 on newly built homes across the province.
Announced on March 25, 2026, the new policy significantly reduces, and in many cases, removes the 13% Harmonized Sales Tax (HST) on qualifying new homes.
WHAT the New HST Rebate Means for Buyers
The amount of tax relief depends on the purchase price of the home.
Homes Under $1 Million
For newly built homes priced under $1 million, buyers who plan to use the home as their principal residence will effectively see the entire 13% HST removed. That can mean tens of thousands of dollars in savings compared to previous tax rules.
Homes Between $1 Million and $1.5 Million
Buyers purchasing homes in this range will receive up to $130,000 in HST relief.
Homes Between $1.5 Million and $1.85 Million
Homes in this range will receive a gradually decreasing rebate, starting at $130,000 and tapering down.
Homes Above $1.85 Million
Still qualify for the existing $24,000 rebate
WHEN the New Rebate Takes Effect
The HST rebate will apply to: New home purchase agreements signed on or after April 1, 2026, and before March 31, 2027.
Importantly, substantially renovated homes can also qualify, as they are considered new housing under tax legislation.
WHY This Matters for Ontario’s Housing Market
Ontario’s housing sector has seen slower new home sales since 2022. By lowering the upfront cost of buying a new home, this policy aims to:
- Improve affordability for buyers
- Encourage construction of new housing
- Support builders and construction jobs
- Help meet the needs of Ontario’s growing population
Industry groups have been advocating for expanded HST relief for years, noting that tax reductions can quickly stimulate both housing supply and buyer demand.
WHAT This Means for Buyers Looking at New Homes
For buyers exploring newly built homes in Ontario, this announcement could be a game changer.
With the new HST rebate program, buyers may save up to $130,000 on qualifying new homes, significantly lowering the cost of purchasing a newly built property.
At Blythwood Homes, our homes currently range from approximately $577,000 (with the HST savings applied) to $1.5 million and beyond, depending on the home design, community, and upgrades selected. With the new rebate in place, owning a newly built home may now be far more attainable than it was just weeks ago.
It’s definitely the right time to buy a new home, as this HST savings will last only a year.
Homes You Can Save On NOW
Here are a few Blythwood communities where buyers may benefit from the new HST rebate:
https://blythwoodhomes.ca/community/tanner-woods/
• Tanner Woods (Fonthill/Pelham) — Starting at $577,000
https://blythwoodhomes.ca/community/garner-estates/
• Garner Estates (Niagara Falls) — Starting at $772,566
https://blythwoodhomes.ca/community/settlers-landing/
• Settlers Landing (Niagara-on-the-Lake/Virgil) — Starting at $1,190,000
https://blythwoodhomes.ca/community/the-oaks/
• The Oaks (Ridgeway) — Starting at $639,823
If you’re exploring new homes, custom home construction, or renovation opportunities in Ontario, this new rebate program could create substantial savings for buyers over the next year.