The New-Home Tax Rebates Available in 2026 — and Which Ones a Fall Purchase Qualifies For

This is not the official website of Camcos Living or Meadowvale Brooks. This page is independent information prepared by Jatin Dua, Sales Representative, RE/MAX Quantum Realty. Project details are subject to change without notice.

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Currency note: every figure here was checked against primary sources on 25 August 2026. These rules have changed repeatedly in the last eighteen months and two carry hard expiry dates.

Read this first. I am a real estate salesperson, not an accountant or a tax lawyer, and this is not tax advice — it is general information about published law. Eligibility turns on your circumstances: who is on title, whether you occupy the home, what your agreement says, and when it was entered into. Confirm your own position with the Canada Revenue Agency or a qualified tax professional before relying on any number here.

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There are five separate measures, not one

Most current coverage of new-home HST rebates in Ontario is out of date, and much of it merges measures that have nothing to do with each other. Five distinct rebates or payments are in play on a new freehold house right now, with different maximums, eligibility tests, price bands and date windows. Two are brand new. One is worth exactly zero dollars at Mississauga prices, and most buyers do not know that.

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1. The baseline federal GST/HST new housing rebate — $0 at Mississauga prices

The long-standing federal rebate refunds 36% of the GST (or the federal part of the HST) paid, to a maximum of $6,300. The price test is what gets misreported. You will read about a “$450,000 federal threshold.” That is not what $450,000 is.

• Full rebate where fair market value is under $350,000.
• Phases out linearly between $350,000 and $450,000.
• At $450,000 or more, there is no federal rebate at all.

$450,000 is the cut-off, not the point at which the rebate starts declining. The decline starts at $350,000.

Stated plainly for this market: at any realistic Mississauga new-freehold price, the baseline federal rebate is $0. Mississauga’s detached resale benchmark was $1,271,200 in July 2026 (TRREB) and the GTA new single-family benchmark was $1,275,458 in June 2026 (BILD/Altus). If a calculator or a listing page implies you are getting a federal rebate on a $1M-plus new house under this measure, it is wrong. Source: CRA Guide RC4028.

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2. The baseline Ontario new housing rebate — $24,000, no upper cut-off

The provincial rebate works differently, and this is the most commonly botched fact in Ontario new-build content.

• 75% of the provincial (8%) part of the HST paid.
• Maximum $24,000 where HST was paid on the land ($16,080 where it was not).
• The cap is reached at $400,000 of consideration and then stays flat.

There is no upper price cut-off on the Ontario portion. A $1.4M new freehold home still gets the full $24,000. The federal rebate dies at $450,000; the Ontario one does not die at all. Source: CRA Guide RC4028.

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3. The federal First-Time Home Buyers’ GST/HST rebate — up to $50,000, ENACTED

Status: enacted. Brought in by Bill C-4, the Making Life More Affordable for Canadians Act (45th Parliament, 1st session). LEGISinfo records Royal Assent on 12 March 2026; CRA’s Excise and GST/HST News No. 122 says 13 March 2026 — a one-day discrepancy I have not resolved. LEGISinfo is the authoritative record of Royal Assent, so 12 March is used here. CRA is accepting applications.

Amount: up to 100% of the GST (or federal part of the HST) paid, up to $50,000.

• At or below $1 million → up to 100%, maximum $50,000.
• $1 million to $1.5 million → the maximum is “gradually reduced.” CRA’s own worked example: a home at $1.25 million qualifies for 50% of the maximum rebate of $50,000 — $25,000. A straight-line phase-out.
• At or above $1.5 million → no rebate.

Eligibility — all must be true, per CRA: you are at least 18; you are a Canadian citizen or permanent resident; you have not lived in a home that you or your spouse or common-law partner owned, as a primary residence, at any time in the calendar year or the previous four calendar years; neither you nor your spouse or common-law partner has previously received this rebate; the home is intended as your primary place of residence; and you are the first individual to occupy it after construction or substantial renovation.

Dates: the agreement of purchase and sale with the builder must be entered into on or after 20 March 2025 and before 2031; construction must begin before 2031 and be substantially completed before 2036; ownership must transfer before 2036.

The date conflict, reported honestly

The Department of Finance announcement of 14 May 2025 gave the window as agreements entered into on or after 27 May 2025. The enacted rule, as CRA publishes it on two independent pages — the eligibility page and Excise and GST/HST News No. 122 — is 20 March 2025. The window appears to have been broadened between announcement and enactment.

I report both rather than picking one. The CRA pages describe enacted law and agree with each other, which is why 20 March 2025 is stated above. But if your agreement date falls between those two dates, that gap is worth $50,000 and you must confirm your specific agreement date with a tax professional. Do not take a blog’s word for it, including mine.

Note also that the federal four-year lookback is less strict than Ontario’s land transfer tax first-time buyer test, a lifetime “never owned a home or an interest in a home anywhere in the world” test. You can qualify for the federal $50,000 rebate and still not qualify for the $4,000 Ontario LTT refund.

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4. The Ontario Enhanced New Housing Rebate — up to $80,000, and NOT first-time-buyer only

This is the measure whose window is 1 April 2026 to 31 March 2027, and the one most often mislabelled a first-time buyer program. It is not restricted to first-time buyers. CRA administers it on Ontario’s behalf. Dates: agreement with the builder entered into on or after 1 April 2026 and on or before 31 March 2027; construction begun on or before 31 December 2028.

Amounts:

• Up to $1 million → full rebate: 100% of the 8% provincial part of the HST paid, to a maximum of $80,000.
• $1M to $1.5M → flat rebate of $80,000.
• $1.5M to $1.85M → partial rebate, decreasing linearly until it reaches $24,000.
• $1.85M and above → no enhanced rebate; the standard Ontario rebate (max $24,000) only.
• Aggregate cap: the total of all rebates for the 8% provincial part of the HST cannot exceed the lesser of $80,000 and the provincial part of the HST payable. The $80,000 and the baseline $24,000 do not stack.
• Price ceilings: house-and-land less than $1,850,000; leased land and co-op shares less than $2,090,500.

Legislative status: Ontario Budget 2026 states the enhanced rebate is implemented by way of HST regulations under the federal Excise Tax Act. CRA has live application pages and Notice 346, so it is operational. I could not verify the specific regulation citation, so I am not citing one.

One reported conflict: on owner-built homes, CRA Notice 346 gives a substantial completion deadline of 31 December 2031, while Ontario Budget 2026 says 31 December 2029. Unresolved. It does not affect a builder-sold freehold house, and I am not publishing an owner-built completion date either way.

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5. The Ontario New Home Affordability Payment — up to $50,000, ENACTED

Status: enacted. Retail Sales Tax Act, R.S.O. 1990, c. R.31, s. 51.2, added by 2026, c. 5, s. 6, in force 12 May 2026. Section 51.2(1) lets the Minister provide by regulation for credits and payments in respect of the federal component of the HST on residential property; s. 51.2(2) caps any credit or payment at $50,000; s. 51.2(3) provides that where the regulation conditions eligibility on an agreement date, “that date must be no later than March 31, 2027”; and s. 51.2(4)(c) allows the regulation to authorize assigning the payment to another person — the statutory hook for a builder crediting it at closing.

Amount: up to $50,000, described as the equivalent of up to 100% of the 5% federal part of the HST, reduced by the federal part of any GST/HST new housing rebate or first-time home buyers’ rebate already received.

Eligibility: you must qualify for and receive the 8% Ontario Enhanced New Housing Rebate, directly or through a builder credit. It is not first-time-buyer restricted, but it is tethered to the enhanced rebate. Phase-out: full $50,000 up to $1M; $50,000 flat from $1M to $1.5M; decreasing linearly to $0 between $1.5M and $1.85M.

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The summary table

Measure	Maximum	Who qualifies	Agreement date window	Status	Source
Federal GST/HST new housing rebate (baseline)	$6,300 — but $0 at or above $450,000	Any qualifying purchaser using the home as a primary place of residence. Full rebate under $350,000; phases out $350,000–$450,000; nil at $450,000+	No window — long-standing	Enacted	CRA Guide RC4028
Ontario new housing rebate (baseline)	$24,000 (75% of the 8% provincial part; $16,080 where HST not paid on land)	Any qualifying purchaser. Cap reached at $400,000 consideration; no upper price cut-off	No window — long-standing	Enacted	CRA Guide RC4028
Federal First-Time Home Buyers’ GST/HST rebate	$50,000	First-time buyers only. 18+; Canadian citizen or PR; no owned primary residence for you or your spouse in the current or previous four calendar years; not previously claimed; primary residence; first occupant. Full to $1M, phasing to nil at $1.5M	Agreement on or after 20 Mar 2025 and before 2031 (announcement said 27 May 2025 — see above)	Enacted — Bill C-4, Royal Assent 12 Mar 2026 (CRA says 13 Mar)	CRA FTHB rebate pages; LEGISinfo C-4
Ontario Enhanced New Housing Rebate	$80,000	Not first-time-buyer restricted. Full to $1M; flat $80,000 from $1M–$1.5M; declining to $24,000 by $1.85M; nil above. Aggregate provincial cap: lesser of $80,000 and provincial HST payable	Agreement 1 Apr 2026 – 31 Mar 2027	In force / operational via HST regulations — specific regulation citation not verified	CRA Notice 346; Ontario Budget 2026
Ontario New Home Affordability Payment	$50,000	Must qualify for and receive the Ontario Enhanced New Housing Rebate. Not first-time-buyer restricted. Reduced by any federal new housing or FTHB rebate received. Flat $50,000 from $1M–$1.5M; nil at $1.85M	Tied to the enhanced rebate window; statute caps any agreement date at 31 Mar 2027	Enacted — Retail Sales Tax Act s. 51.2, in force 12 May 2026	Ontario e-Laws; Ontario Budget 2026; CRA

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Worked example

This is a scenario, not a Meadowvale Brooks price. No price has been released for Meadowvale Brooks by anyone, and I am not going to invent one. I use $1,250,000 because CRA publishes its own worked example at exactly that figure, which takes my arithmetic out of the most sensitive step. It also sits close to the Mississauga detached resale benchmark of $1,271,200 (TRREB, July 2026) and the GTA new single-family benchmark of $1,275,458 (BILD/Altus, June 2026).

Assumptions: a freehold house, stated consideration $1,250,000, agreement entered into in fall 2026 (inside the 1 April 2026 – 31 March 2027 window), buyer occupies as a primary place of residence and is the first occupant. 13% HST on $1,250,000 is $162,500 — a provincial part of $100,000 and a federal part of $62,500.

One caution. The base on which HST and these rebates are calculated in a builder’s agreement is the consideration, which is frequently not the advertised price — builder pricing is usually quoted net of the credited rebate. What follows is arithmetic on a stated consideration, not a prediction of a statement of adjustments.

(a) A first-time buyer

Step	Measure	Amount	Why
1	Baseline federal new housing rebate	$0	Price is far above the $450,000 cut-off
2	Federal FTHB GST/HST rebate	$25,000	CRA’s own example: at $1.25M, 50% of the $50,000 maximum
3	Ontario Enhanced New Housing Rebate	$80,000	The $1M–$1.5M band gets the flat $80,000. Cap check: the lesser of $80,000 and the $100,000 provincial part of the HST is $80,000
4	Baseline Ontario new housing rebate	$0 additional	The $24,000 does not stack — provincial-side rebates are capped at the lesser of $80,000 and provincial HST payable, and step 3 already reaches $80,000
5	Ontario New Home Affordability Payment	$25,000	Band maximum $50,000, reduced by the $25,000 federal FTHB rebate received at step 2
	Total	$130,000

(b) A buyer who is not a first-time buyer

Step	Measure	Amount	Why
1	Baseline federal new housing rebate	$0	Above the $450,000 cut-off
2	Federal FTHB GST/HST rebate	$0	Does not qualify
3	Ontario Enhanced New Housing Rebate	$80,000	Not first-time-buyer restricted. Same flat band, same cap check
4	Baseline Ontario new housing rebate	$0 additional	Same aggregate cap
5	Ontario New Home Affordability Payment	$50,000	Band maximum, with no federal rebate to reduce it
	Total	$130,000

What that comparison shows

At this price, on these rules as published, being a first-time buyer makes no difference to the HST outcome. The affordability payment is reduced dollar-for-dollar by the federal rebate received, so the federal side lands at $50,000 either way — the opposite of what most coverage implies.

Where first-time buyer status still matters is the Ontario land transfer tax refund, a maximum of $4,000, and that uses a much stricter test: you cannot have owned a home or an interest in a home anywhere in the world, ever, and your spouse cannot have owned one while your spouse.

Where I am not certain, I say so. Step 4 rests on the aggregate provincial cap published by CRA. Step 5 applies the published reduction rule literally. I have not verified any further interaction between these measures beyond the cap and reduction wording quoted above, and I am not assuming they stack in any other way. If your numbers matter — and $130,000 matters — get them confirmed.

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How the rebate is handled at closing, and the trap in it

You will rarely receive a cheque. The standard mechanic is that you assign the rebate to the builder, the builder credits the equivalent amount against the purchase price on the statement of adjustments, and the builder files GST190 (federal) and RC7190-ON (Ontario schedule) with CRA on your behalf. CRA describes this as the builder “pays or credits the amount of the rebates to you,” and states that where the builder credits it, “the builder must file your application with the CRA.” The forms are signed in the builder’s presence. The affordability payment has its own statutory assignment hook, in Retail Sales Tax Act s. 51.2(4)(c).

Here is the trap. Builder pricing is typically quoted net of the rebate, on the assumption that you qualify. The advertised price already has the credit baked into it.

If you turn out not to qualify — you do not occupy the home as your primary place of residence, or you bought it as an investment to rent out — the builder will require you to pay that amount at closing. It is not a rebate you fail to receive; it is cash you have to produce on the closing date, on top of everything else. On the scenario above that is a six-figure surprise, and one of the most common expensive shocks in pre-construction.

CRA also warns that the builder and the buyer are jointly and severally liable to repay the rebate amount where the builder knew the buyer was ineligible, or where the rebate was overpaid.

The exact contractual mechanism varies by builder, and I have not verified any specific builder’s clause, including any Camcos Living may use at Meadowvale Brooks. Have your lawyer read the HST and rebate clauses before the agreement is firm, and ask in writing whether the quoted price is net of an assumed rebate.

If you are buying to rent, you are outside these primary-residence rebates. Purchasers of new residential rental property may instead be eligible for the New Residential Rental Property rebate, a separate CRA program with its own rules. I did not verify that program’s parameters in the source review behind this page, so I name it only so you know what to ask about.

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Timing: the agreement date is what matters

For every one of these windows the operative date is when the agreement of purchase and sale is entered into — not when you pay a deposit, not when the home is registered, not when you close.

The Ontario Enhanced New Housing Rebate window runs 1 April 2026 to 31 March 2027. A freehold agreement signed in fall 2026 sits inside it, as does the affordability payment that depends on it — and the statute independently caps any qualifying agreement date at 31 March 2027. The federal first-time buyer rebate runs to before 2031.

That is a closing deadline, and the largest set of dollar figures in play for anyone buying a new freehold home in Ontario right now. So confirm the exact date your agreement is deemed to have been entered into. Signature dates, acceptance dates and irrevocable dates are not always the same day, and on the edge of a window that distinction is worth tens of thousands of dollars. Get it in writing from your lawyer or tax advisor.

For context on the project: groundbreaking at Meadowvale Brooks took place 9 July 2026 (camcos.ca project blog, 7 August 2026), a fall 2026 launch is anticipated, a specific civic address has not been publicly confirmed, and no price has been released.

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Sources

All observed 25 August 2026.

• CRA, Guide RC4028, GST/HST New Housing Rebate — https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4028/gst-hst-new-housing-rebate.html
• CRA, First-time home buyers’ GST/HST rebate — https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses/gst-hst-rebates/first-time-home-buyers-gst-hst-rebate.html
• CRA, Excise and GST/HST News No. 122 — https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/news122/news122-excise-gst-hst-news-no-122.html
• Department of Finance Canada, GST relief for first-time home buyers (14 May 2025 — the announced, not enacted, parameters) — https://www.canada.ca/en/department-finance/news/2025/05/gst-relief-for-first-time-home-buyers-on-new-homes-valued-up-to-15-million.html
• LEGISinfo, Bill C-4 (45th Parliament, 1st session) — https://www.parl.ca/legisinfo/en/bill/45-1/c-4
• CRA, Notice 346, Ontario Enhanced New Housing Rebate — https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/notice346/ontario-enhanced-new-housing-rebate.html
• Ontario Budget 2026, HST measures — https://budget.ontario.ca/2026/hst.html
• Retail Sales Tax Act, R.S.O. 1990, c. R.31, s. 51.2 (e-Laws; consolidation from 12 May 2026, last amendment 2026, c. 5) — https://www.ontario.ca/laws/statute/90r31
• Ontario Ministry of Finance, land transfer tax refunds for first-time homebuyers — https://www.ontario.ca/document/land-transfer-tax/land-transfer-tax-refunds-first-time-homebuyers
• TRREB Market Watch, July 2026 — https://trreb.ca/wp-content/files/market-stats/market-watch/mw2607.pdf
• BILD / Altus Group GTA new home sales release, June 2026 data — https://www.globenewswire.com/news-release/2026/07/22/3331166/0/en/Low-rise-new-home-sales-in-GTA-continue-to-outperform-historic-averages-in-June-as-benchmark-price-decreases.html

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Jatin Dua, Sales Representative — RE/MAX Quantum Realty (Independently Owned and Operated). Information gathered from public sources and believed accurate but not guaranteed. Prices, sizes, specifications and availability subject to change without notice. E. & O.E. Not intended to solicit buyers or sellers currently under contract with a brokerage.