Spring is here—the perfect time for a fresh start. Whether you're ready to elevate your current home or find a new one that fits your lifestyle, this season brings incredible opportunity. With strong inventory and motivated buyers and sellers, the market is full of possibilities.

Thinking of making a move? Let’s connect and make it happen.  

Wendy McLeod

604-880-8109

As of March 2026, the Canadian government is providing a new 100%

GST/HST rebatefor first-time home buyers on newly built or substantially renovated homes priced up to $1 million, offering up to $50,000 in savings. This rebate, which applies to agreements signed on or after March 20, 2025, can be applied at closing and applies to homes up to $1.5 million, with a reduced, partial rebate between $1M and $1.5M.

Key Details of New 2026 Rebate:

• Eligibility: Must be a first-time home buyer (not owned a home in the last 4 years), a Canadian citizen/permanent resident, and the home must be a primary residence.

• Property Type: New or substantially renovated homes.

• Value Thresholds:

  • Up to $1 million: 100% rebate of the 5% GST (up to $50,000).

  • $1 million - $1.5 million: Partial rebate available.

  • Over $1.5 million: No rebate.

• Application Method: The rebate can be credited by the builder at closing or applied for directly through the CRA.

• Top-up: This new rebate acts as a top-up if the buyer is also eligible for the existing GST/HST New Housing Rebate.

• Timeline: Applies to agreements of purchase and sale entered into on or after March 20, 2025, and before 2031.