First-time Home
Ownership
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BIG NEWS! There’s never been a better time to make first-time home ownership a reality!
As of May 27, 2025, the federal government has officially introduced a new GST rebate for first-time home buyers purchasing newly built homes.
This is a major advantage for Canadians looking to enter the market.​ Let’s break it down and help you understand what this means for you.
What is the new
F.T.H.B. GST rebate?
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The First-Time Home Buyer GST Rebate (FTHB GST Rebate) eliminates the federal Goods and Services Tax (GST) on new homes priced at or under $1 million. That could mean up to $50,000 in savings for qualifying buyers. Enough to significantly lower your mortgage costs or free up funds for upgrades, furnishings, or moving expenses.
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Homes over $1.5 million are not eligible.
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This rebate applies to first time homebuyers and anyone who has not lived in a home they owned after 2020.
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Only newly constructed homes qualify.
Who Qualifies For This New GST Rebate?
To be eligible for the new GST rebate, you must:
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Be a first-time home buyer, which includes people who have not lived in a home they owned since 2020.
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Intend to live in the home as your primary residence
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Sign your purchase agreement on or after May 27, 2025
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Buy a new construction home
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Take possession before 2036, with construction starting before 2031
Take advantage
Frontier Homes Quinte has been helping families find their first home in Quinte since 2016. We invite you to take a look through our portfolio and client testimonials so you can rest assured we are here to help every step of the way.
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We encourage all first-time buyers to check our our ready to move-in homes as well as our spec-home models & floorplans.
Additional information is available at Canada.ca or by speaking with a qualified mortgage professional to fully understand how the FTHB GST Rebate could apply to your specific situation.