Federal GST Rebates on New Homes
What will your new home really cost after GST rebates?
First-time buyers pay no federal GST on a qualifying new home up to $1,000,000, and a reduced amount up to $1,500,000. Enter your purchase price to see your number — rebates are credited on your statement of adjustments at closing.
The contract price on your purchase agreement, not including GST.
Included in total consideration for the rebate tests.
Assumes Truman pays or credits your eligible rebates directly at closing — you complete and sign CRA Form GST190 before closing and the rebate comes off your balance due, not as a cheque later.
Where your price lands
Rebate zones for your buyer profile · scale $0 – $1.6M
Do you qualify?
Both rebates apply to a newly built or substantially renovated single-unit home or condominium purchased from the builder. Every condition below must be met and certified on Form GST190 before a rebate can be credited at closing.
GST New Housing Rebate
Excise Tax Act · s. 254(2)
Up to $6,300 · price under $450,000- Total consideration (price plus extras and any assignment amounts) is under $450,000 — the full rebate applies up to $350,000 and phases out between $350,000 and $450,000.
- Bought as the primary residence of the purchaser or a relation.
- All GST on the purchase is paid or payable at closing.
- Ownership transfers after construction is substantially completed.
- No one occupied the home before you took possession.
- The first occupant is the purchaser or a relation (or the purchaser resells exempt of GST before anyone moves in).
First-Time Home Buyer GST Rebate
Excise Tax Act · s. 254(2.1) · effective March 20, 2025
Up to $50,000 · price under $1,500,000- All New Housing Rebate conditions, with the price ceiling raised to $1,500,000 — full up to $1,000,000, phasing out to $1,500,000. Any New Housing Rebate entitlement reduces this rebate.
- Purchase agreement signed after March 19, 2025 and before January 1, 2031; construction begins before 2031 and the home is completed and transferred before 2036.
- The home will be your own primary residence — a family member's use doesn't count here.
- You personally are the first person to occupy the home.
- You're at least 18 and a Canadian citizen or permanent resident when ownership transfers.
- Neither you nor your spouse or common-law partner owned and occupied a home, in Canada or abroad, during the lookback period.
- You haven't previously claimed a first-time home buyer GST rebate.
This is an estimate, not tax or legal advice. Figures are federal GST (5%) only — Alberta has no provincial sales tax component. Rebate eligibility depends on your personal circumstances and must be confirmed and certified before any amount is paid or credited; all amounts remain subject to Canada Revenue Agency review.
Where eligibility is uncertain, a rebate may not be credited at closing. In that case you may still apply directly to the CRA within two years of the date ownership transfers.
Buying as a rental? The rebates above can't be credited at closing, but you may qualify for the New Residential Rental Property Rebate (Form GST524), which you file yourself after closing.
Legal
This GST Rebate Calculator is provided for general information and illustration purposes only. It does not constitute an offer to sell, a solicitation of an offer to purchase, an offer capable of acceptance, or legal, tax, financial, or investment advice, and nothing on this page forms part of any contract. Any purchase of a home from Truman or its related entities is subject in all respects to the terms and conditions of a written purchase and sale agreement executed and delivered by both the purchaser and the vendor, and no representation, warranty, covenant, term, or condition of any kind is made or may be relied upon except as expressly set out in such an agreement. Estimated rebate amounts, prices, and closing figures shown by this calculator are illustrative only; actual GST, rebate eligibility, and rebate amounts are determined at closing in accordance with the Excise Tax Act (Canada) and the requirements of the Canada Revenue Agency, depend on the purchaser's personal circumstances and certifications, and remain subject to CRA review and assessment. Prices, incentives, promotions, rebate programs, availability, specifications, and terms are subject to change, correction, or withdrawal at any time without notice. Purchasers are advised to obtain independent legal and tax advice before entering into any agreement. Renderings and figures are illustrative. E. & O. E.
References: Excise Tax Act, ss. 254(2), 254(2.1), 254(4) · CRA Form GST190 and Calculation Worksheet RC7190-WS · Guide RC4028