Ontario's temporary one-year HST rebate expansion offers up to $130,000 savings on newly built homes priced up to $1 million, with rebates decreasing for homes between $1.5 million and $1.85 million, and a $24,000 rebate for homes above $1.85 million. Eligible purchase agreements must be signed between April 1, 2026, and March 31, 2027, with construction milestones by 2028 and 2031. Buyers can assign the rebate to builders to reduce closing costs directly.
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