Home Buyer Toolkit

Unlock your tax rebate today and we are here to help you make the most of it. With new proposed rebates available from the federal government and Ontario's provincial government, this is your chance to claim significant savings on your first home!

FTHB Rebate Estimator

 

Enter a home value to see what the proposed
rebate could be*

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*Applications are not yet available. If the home is valued at or above $1.5 million there is no rebate. Estimated GST/HST rebate based on home price. Actual rebate depends on GST/HST paid and CRA eligibility rules.

What is the proposed FTHB GST/HST rebate?

The proposed first-time home buyers’ (FTHB) GST/HST rebate is for eligible individuals who are buying or their first home. Click the links below for more information regarding the rebates:

How much could my rebate be?

Depending on the value of the home, the individual could recover up to 100% of the GST (or federal portion of the HST) paid, up to $50,000.

This first home must be:

  • Newly built or pre-construction homes

  • Bought for use as the individual’s primary place of residence

Happy couple moving into their new home carrying boxes and plants
Couple smiling and reviewing mortgage information together on a tablet

How do I qualify?

You must be a first-time home buyer. Generally, to be considered a first-time home buyer, all of the following must be true:


  • You are at least 18 years of age

  • You are a Canadian citizen or permanent resident of Canada

  • You have not lived in a home that you or your spouse or common-law partner owned (or jointly owned), in or outside Canada, as your primary place of residence at any time in the calendar year or in the previous 4 calendar years

  • Neither you nor your spouse or common-law partner have previously received a FTHB GST/HST rebate

When does the CRA check eligibility?

The timing depends on the following factors:

  • Purchased a home from a builder: at the time ownership of the home is transferred to you

  • Purchased a home and lease the land from a builder: at the time ownership is transferred to you

Read the full details

Mortgage Calculator

 

Quickly see what your mortgage payments might look like*

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*Note these calculations are for estimation purposes only and do not include tax and insurance estimates. Please consult your sales representative for more details.

It is recommended that customers have an independent assessment or confirmation with their respective bank and/or mortgage provider. Excludes taxes, rebates, insurance, lender fees, etc.

Couple meeting with a real estate agent to review home buying documents

FAQs

Is the FTHB GST/HST rebate available now?
What homes qualify for the proposed rebate?
Does Solmar provide the rebate?
How much could the rebate be at different home values?
Who is considered a first-time home buyer for this proposed rebate?
When do I need to meet the first-time home buyer requirement?
What does the CRA say about applying before Royal Assent?
What if I purchased from a builder and ownership transfers before Royal Assent?
Who do I contact for technical enquiries?

We’re here to help.

If you have any more questions please reach out to us and we will be happy to help.