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.
arthur zhao
Arthur Zhao is a highly experienced and successful full-time realtor with 9 years of experience in the industry, starting his career as a full-time realtor in January 2014. He began his career at Royal Lepage Your Community Realty, where he worked for 3 years before transferring to Bay Street Group Inc, his current brokerage. At the time of joining Bay Street Group Inc, there were only 10 people in the brokerage, including admin. Arthur was already a top agent before transferring to Bay Street Group Inc. He specializes in resale residential properties and has a strong track record of success. He has closed over 185 deals by himself and almost doubled that number with his team. Additionally, he manages over 30 investment properties. Arthur is always eager to learn and find ways to improve his performance in real estate transactions. He completes an average of 15-20 resale deals and 5-10 rental deals per year. Arthur is well-versed in every step of the real estate transaction process and understands the risks involved. He can handle different situations well and has a reputation in the industry as a knowledgeable broker. He has purchased and listed properties for sale throughout the Greater Toronto Area and understands most of the communities. Arthur's style is mainly focused on prioritizing the client's interests and providing his opinion based on his vast experience in the industry. Arthur has also helped other agents in his brokerage to handle lots of difficult situations. Arthur is currently the Vice President of Professional Development and Branch Manager at Bay Street Group Inc, which has grown significantly since he joined. The brokerage now has over 1200 agents and is ranked as one of the top 10 brokerages in Canada. Arthur focuses on training agents and compliance issues, ensuring that his team has the knowledge and expertise to provide exceptional service to their clients. Arthur is a Fellow of the Real Estate Institute, which is one of the most prestigious designations in Canada and requires integrity, knowledge, and experience. He has also achieved several other designations, including Seller Representation Specialist (SRS), Accredited Buyer Representative (ABR), Master Certified Negotiation Expert (MCEN), E-PRO, and the highest level of Certified Luxury Home Marketing Specialist (GUILD Elite). Arthur has extensive knowledge of the buying and mortgage processes and has worked as a mortgage broker for 2 years. He is well-versed in the paperwork and negotiation process and can provide his clients with valuable insights and guidance. He is known for his honesty and dedication to providing exceptional service to every client.