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.
Vicky Yiu
Vicky is a Real Estate professional with a Bachelor's degree in Computer Science. She brings a unique blend of analytical skills and creativity to the Real Estate industry. Her knowledge of technology and data analysis helps her to provide her clients with valuable insights into the local market trends, making her an asset to anyone looking to buy, sell or invest a property. With her passion for Real Estate and her technical expertise, Vicky has developed a reputation as a reliable and trustworthy agent who always puts her clients' needs first. She is committed to delivering exceptional customer service and works tirelessly to ensure that her clients achieve their Real Estate goals. Vicky's understanding of technology has enabled her to leverage cutting-edge tools and resources to help her clients navigate the Real Estate landscape more efficiently. Whether you are buying, selling or investing a property, you can count on Vicky to provide you with the guidance and support you need to make informed decisions and achieve your Real Estate objectives.