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.
Jignesh Patel
Jignesh has a passion for real estate and takes pride in guiding his clients through the process of making one of the most significant investments of their lives. He listens carefully to his clients' needs and works tirelessly to find the perfect property depending on the situation. His approachable and friendly personality helps put clients at ease, while his professionalism and attention to detail ensure a smooth and stress-free experience.