The HST Rebate Window
Lower prices and up to $130,000 in HST relief on new homes, for agreements signed by March 31, 2027.
Prices are down. The HST is (temporarily) off.
For one year, Ontario has expanded the HST rebate on new homes, worth up to $130,000. At the same time, GTA prices are lower than they were a year ago. Both of those things won't last forever.
Buyers have more room than they've had in years
TRREB's September 2026 Market Watch shows prices softening across the board, with the biggest drops in condos and townhomes, the same price range where the HST rebate is most generous.
Source: TRREB Market Watch, September 2026 (MLS® HPI benchmarks and average prices). Resale data; new-build pricing varies by project.
What this means for you: when resale prices soften, builders feel it too. That means more room to negotiate on new homes, plus a tax break that ends on a fixed date.
What qualifies, and how much
The expanded rebate applies to new homes bought directly from a builder, with the agreement of purchase and sale signed between April 1, 2026 and March 31, 2027. The home must be your primary residence or a residential rental property.
| New home price | HST relief |
|---|---|
| Up to $1,000,000 | Full 13% HST, up to $130,000 |
| $1,000,000 to $1,500,000 | Up to $130,000 |
| $1,500,000 to $1,850,000 | Reduced, on a sliding scale |
| Over $1,850,000 | $24,000 (the existing rebate) |
What 13% looks like on a real price
Illustrative only. Your actual savings depend on price, eligibility and how the builder's agreement treats the rebate.
Three kinds of buyers who should look now
Your first condo, with the full 13% back
The clearest case. Combine the rebate with your FHSA, RRSP Home Buyers' Plan and land transfer tax rebates.
Rental properties qualify too
A lower entry price plus HST relief changes the numbers on a new rental unit. I'll run rent and carrying costs with you before you commit.
More space, without leaving the neighbourhood
New condos and townhomes around Bedford Park, Lawrence Park and Bayview, for families who want room and a shorter list of compromises.
To sign by March 31, start in January
Get ready
Mortgage pre-approval, deposit planning and a shortlist that fits your budget.
Compare & negotiate
Builder incentives, deposit structures and floor plans, side by side.
Review
New condo purchases come with a 10-day cooling-off period. Use it with your lawyer.
Sign
After that, the expanded rebate is gone for agreements signed later.
Move in sooner, with the rebate
These GTA projects still have units for sale directly from the builder and are scheduled to close this year. That means no multi-year wait for occupancy, and because you'd be signing a new agreement with the builder, they're strong candidates for the expanded rebate.
| Project | Area | Type | Starting from |
|---|---|---|---|
| Alias Condos | Downtown Toronto | Condo | $757,900 |
| Motto Condos | Toronto West (Dovercourt) | Condo | $489,900 |
| King's Landing Phase 3 | Bayview Village | Condo | $699,000 |
| Metro Park Condos | Don Mills (Flemingdon Park) | Condo | $642,900 |
| Clockwork Condos Phase 3 | Oakville | Condo | $415,990 |
| Townsquare Towns | Richmond Hill | Townhome | $858,990 |
| Whitby Meadows Towns | Whitby | Townhome | $629,990 |
Starting prices and 2026 occupancy as listed in our pre-construction database. Remaining units, current pricing and rebate eligibility are confirmed unit by unit with the builder before you see anything.
The honest part: a new home isn't right for everyone
Buying new can mean closing costs beyond the price, occupancy dates that slip, and an appraisal that may not match what you paid. The rebate is real money, but it shouldn't push you into the wrong home. If resale makes more sense for you, I'll tell you that too.
Want to know what you'd actually save?
Tell me your budget and timeline, and I'll send a shortlist of rebate-eligible homes with the math done for each one.