First-Time Homebuyers Can Save Up to $50,000


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New GST Rebate Available

If you’ve been dreaming of homeownership but waiting for the right moment to take the leap, that moment is now.

The Federal Government has officially announced a new GST rebate for first-time home buyers, designed to make buying a new home in Ontario more affordable than ever before. This exciting new measure – called the First-Time Home Buyer GST Rebate (FTHB GST Rebate) – comes into effect for purchase agreements signed on or after May 27, 2025, and represents a game-changing opportunity for anyone entering the market for the first time.

First Time Home Buyers GST Rebate - Credit

What is the First-Time Home Buyer GST Rebate?

The FTHB GST Rebate allows eligible buyers to recover up to $50,000 of the federal portion of the HST paid on a new home. This means:

  • 100% of GST is rebated on new homes priced up to $1 million
  • A phased-out GST rebate is available for homes between $1 million and $1.5 million
  • No rebate is available for homes priced at or above $1.5 million

This new rebate is stackable with the existing GST/HST New Housing Rebate, which can provide additional financial relief.

To qualify as a first-time homebuyer for Rebate, the government’s criteria is very straightforward. Full details on eligibility and other program details are available online here.

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Silvergate Communities Eligible for the Rebate

At Silvergate Homes, we’re proud to offer a selection of high-quality homes that fall within the rebate’s criteria—perfect for first-time buyers who want to invest in style, comfort, and value.

Prudhommes Landing – Lincoln, ON

Waterfront elegance meets modern living. This master-planned lakeside community offers luxury townhomes and mid-rise condominiums within walking distance of trails, shops, and Lake Ontario. With options under $1M, first-time buyers can enjoy full GST rebate benefits in a truly exceptional location.

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Harbourtown Village – Fort Erie, ON

A charming coastal-inspired neighbourhood just steps from Waverly Beach. These Energy Star® Certified homes offer efficient, stylish, and comfortable living. With prices that allow full or partial GST rebates, this is an ideal opportunity for first-time buyers to invest in long-term value.

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Merritton Mills – St. Catharines, ON

Live in the heart of Niagara! Merritton Mills features modern condos  perfect for young professionals and growing families. Surrounded by amenities, green space, and transit access, these homes are priced with first-time buyers in mind—and now even more attainable thanks to the new rebate.

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Why This Matters

This announcement is more than just a tax break—it’s a powerful incentive to increase housing affordability and supply. The rebate could save first-time buyers thousands of dollars at closing, making homeownership more accessible and financially sustainable.

It’s also a strong signal to buyers who have been on the fence: there’s never been a better time to purchase a new home—and Silvergate Homes is here to help you make the most of this opportunity.

Ready to Make Your Move?

Whether you’re looking for lakeside serenity, urban convenience, or small-town charm, Silvergate Homes has a community—and a home—that’s right for you.

Let’s start your homeownership journey together.

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Please Note: This blog post is intended for informational purposes only and does not constitute legal or financial advice. For full details on the FTHB GST Rebate, please consult the official Government of Canada documentation or speak with a qualified professional.

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