🏡💰 Ontario to Remove HST on New Homes (For 1 Year)

🏡💰 Ontario to Remove HST on New Homes (For 1 Year)

Big news for buyers across Ontario — a temporary tax break could mean major savings 👇

✅ No HST on new homes (up to $1M)
Full 13% HST removed from April 1, 2026 to March 31, 2027

✅ Partial rebates up to $1.5M+
Maximum rebate of up to $130K, decreasing as prices rise

✅ Applies to end-users & investors
Primary residences and some rental properties may qualify

✅ Strict timelines matter
Purchase agreements must be signed within the 1-year window

✅ Goal: boost housing supply
Province expects more construction, jobs, and market activity

💡 Why this matters:
This could significantly lower the upfront cost of buying a new build — and potentially spark a wave of demand across markets like Toronto and beyond.

💡 Bottom line:
A limited-time incentive like this can shift the market fast — timing could be everything.

Disclaimer:
This content is for educational and entertainment purposes only.

#OntarioRealEstate #TorontoRealEstate #NewConstruction #HousingMarket #RealEstateNews #FirstTimeBuyer #InvestSmart #GTARealEstate #HomeBuying #MarketUpdate

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