First-Time Homebuyer? Visit Hopewell First.
Canada’s new GST rebate on newly built homes is here! Learn more about immediate savings for eligible first-time homebuyers at Hopewell Residential.
The Government of Canada has passed legislation providing GST relief on newly built homes for first‑time homebuyers. This change is now officially in effect, removing uncertainty and helping more Canadians take a confident step toward home ownership.
What GST relief means for first-time homebuyers:
- GST costs have been eliminated on new homes priced up to $1 million (up to $50,000 in savings!).
- Reduced GST on new homes priced between $1 million and $1.5 million, applied on a sliding scale.
- For buyers who have purchased but haven’t taken possession yet, builders can now apply the GST rebate directly to the purchase.
- Buyers who purchased after March 20, 2025, and took possession before March 12, 2026, can apply for their rebate directly through the CRA.
How Hopewell makes it simpler
At Hopewell, we aim to take the guesswork out of buying new. With clear, upfront costs and a more guided buying experience, we focus on minimizing surprises and maximizing confidence. Where eligible, we’ll apply the rebate directly, so you can move forward knowing exactly what to expect.
Ready to explore your options? If you’ve been waiting for the right moment to buy, this change could make a meaningful difference. Our sales team are ready to review what you may qualify for and explore home options that match your budget and timeline.
Book an appointment*GST rebate available to eligible first‑time buyers on qualifying newly built homes. Savings amount and eligibility criteria apply. Presale promotions and interest rates subject to change and availability. Terms and conditions apply. Offer cannot be combined with other incentives unless otherwise stated.
