Ontario just added its own HST rebate on top of the federal one, and combined they can wipe out the full 13% HST on a new build up to $1 million. Evelyn, Ruth, and Sandy break down who qualifies, including buyers who aren't purchasing for the first time, and why one of these rebates has a deadline closer than most people realize. Is now the time to buy new? Listen in to learn more.
There are now two rebates stacking on new builds in Ontario, worth up to $130,000 combined, and one of them isn't just for first-time buyers anymore. In this episode of Real Estate Without The Noise, Evelyn Lopes, Ruth Ballantyne, and Sandy Casella break down the federal GST rebate and Ontario's new temporary HST rebate: who qualifies, how the math actually works, and why one of these rebates has a deadline that's closer than most buyers realize. They walk through a real example, a $900,000 new build, and show what changes once both rebates are applied. They also get into the part nobody talks about: some builders price the savings right into the sticker price, so the deal on paper isn't always the deal in your pocket. If you've been sitting on the fence about buying new, or you're helping a client, a parent, or a friend figure out if now is actually the time, this conversation gives you the real numbers and the real questions to ask before you sign anything. New builds only. Two rebates. And a window on the bigger one that closes March 31, 2027.