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Your First-Time Home Buyer Advantage Starts Now

  • Mar 15
  • 2 min read

Unlock Your Tax Rebate Opportunity


A new opportunity for first-time home buyers is emerging — and now is the time to make the most of it. With federal rebates already in place and proposed provincial incentives under consideration in Ontario, eligible buyers may benefit from meaningful tax savings when purchasing a new home.


These initiatives aim to remove the GST in Alberta and the HST in Ontario for new homes priced up to $1 million, while offering reduced tax obligations for homes priced between $1 million and $1.5 million. For many buyers, this could translate into significant upfront savings and improved affordability.


Rather than waiting on the sidelines, first-time purchasers can begin planning with greater clarity and confidence. Residences at The Unionville are thoughtfully designed for modern living within one of Markham’s most established communities — allowing buyers to move forward while potential incentives create additional value.


To explore available homes and learn more about how these programs may apply to your purchase, visit theunionville.ca or speak with our sales team.




British Columbia Rebates

  • Potential savings of up to $50K 

  • GST is removed on homes valued up to $1M 

  • GST is reduced on homes valued between $1M - $1.5M




Ontario Rebates

  • Potential savings of up to $130K

  • Combines 5% federal and 8% provincial rebates

  • HST is removed on homes valued up to $1M

  • HST is reduced on homes valued between $1M - 1.5M


The referenced federal and Ontario first-time home buyer GST/HST rebate measures are proposed and are not yet in effect. The availability of any applicable rebate is subject to the enactment of the necessary legislation by the Government of Canada and/or the Government of Ontario, including the receipt of Royal Assent. The developer has no control over whether or when these measures may be enacted.

Details regarding availability, eligibility criteria, rebate amounts, application requirements, and timing will be determined by the applicable legislation and administrative guidance issued by relevant authorities. The developer does not control whether, when, or in what form any such measures may take effect. Application procedures (including any assignment of rebates, if permitted by law) and processing timelines are established by the applicable authorities.

Any pricing, incentive, or promotional material that references or assumes a GST/HST rebate (including pricing presented on a “net of rebate” basis) is conditional upon the anticipated legislation being enacted and the purchaser meeting all eligibility requirements. If the legislation is not enacted, is enacted with different terms or timing, or the purchaser does not qualify, the assumed rebate will not apply and the purchaser may be responsible for the full purchase price without the benefit of such rebate.

This material is provided for general informational purposes only, does not consider individual circumstances, and does not constitute tax or legal advice. Purchasers are encouraged to consult their own tax and legal advisors.

References to any Ontario rebate relate solely to the provincial component of HST applicable to residential properties located in Ontario. Other provinces and territories may have different rules.

 
 
 

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