2025 Ontario New Home HST Rebate Calculator
Developer's List Price | New Developer's List Price $476,814 |
Net Purchase PriceAmount paid to developer $463,717 | Net Purchase PriceAmount paid to developer $463,717 |
Total PST $37,097 | Total PST $37,097 |
Total GST $23,186 | Total GST $23,186 |
Total HST $60,283 | Total HST $60,283 |
HST Built into Purchase PriceNet amount paid to CRA $36,283 | HST Built into Purchase PriceNet amount paid to CRA $13,097 |
GST Rebate $0 | GST Rebate $23,186 |
Total Rebate $24,000 | Total Rebate $47,186 Savings $23,186 (-4.6%) |
Q&A: New GST Rebate for First-Time Buyers (2025)
A full rebate of the 5% federal GST (or federal portion of HST) on new homes up to $1 million, available to first-time home buyers. It phases out between $1 million and $1.5 million, offering savings of up to $50,000.
How to Claim the Rebate
Buyers have two ways to claim the First-Time Home Buyers’ GST Rebate:
- Most common and easiest method.
- Builder credits the rebate directly on the purchase price or at closing.
- Builder credits the rebate directly on the purchase price or at closing.
- Buyer provides the builder with:
- Signed eligibility declaration.
- Proof of first-time home buyer status (e.g. CRA Notice of Assessment, affidavit).
- No need to submit paperwork to CRA — builder handles the claim.
- Used when:
- Builder doesn’t offer to credit the rebate.
- The buyer is building a home themselves.
- Buyer submits:
- GST190 form (Application for Rebate of GST/HST for Owner-Built Homes).
- Proof of purchase, occupancy, and eligibility.
- Supporting documents such as the purchase agreement, invoices, and title documents.
- Rebate is paid after closing.
You (and your spouse/common-law partner) must:
- Not have owned or lived in a home you or your partner owned in the past 4 calendar years.
- Be 18+ and a Canadian citizen or permanent resident.
- Intend to use the property as your primary residence.
- Newly built homes from a builder.
- Owner-built primary residences.
- Co-operative housing units.
- Homes on leased land also qualify.
| Home Price | Rebate % | Approx. Savings |
|---|---|---|
| ≤ $1M | 100% | ~$50,000 |
| $1.25M | 50% | ~$25,000 |
| ≥ $1.5M | 0% | $0 |
- Double-check agreement date – must be on or after May 27, 2025.
- Watch for assignment deals – if the original agreement is before May 27, the rebate doesn’t apply.
- Be cautious with contract amendments – the original signing date still applies, which could impact eligibility.
- Educate clients early – many will not know they need to confirm eligibility with the builder before closing.
Gursimran Tamber
Gursimran has been passionate about Real Estate ever since he landed as Immigrant in Toronto back in 2016 after living in India, Singapore and the United Kingdom for many years. Growing up in India Gursimran always knew that he wanted to chart a path helping others and found his true calling in Real Estate serving his clients and guiding them through one of the biggest investment of their lives. Over the past 2 decades in the IT Sector, Gursimran has served at various Leadership roles in Global Brands including two of the big 5 Canadian Banks managing multi million dollar budgets. He is known in the industry for providing excellent customer service and impeccable Service Delivery. Gursimran feels blessed to work with amazing clients who become his friends and a strong part of his network. Anchored by over 17 years of Real Estate industry experience of Century 21 People's Choice Realty Inc. Brokerage, Gursimran is ready to guide you through the real estate process. Whether a buyer, a seller, or an investor, I think of my clients as a family. Lean on me — I am here to keep the process fluid, successful, and as low-stress as possible. Not quite ready to buy or sell, but curious about neighbourhood options, local schools, our techniques or current real estate "buzz" Don't be shy—reach out to me !