New PST Relief: First-Time Homebuyers Can Now Save Up To $130,000 | Fusion homes

New PST Relief: First-Time Homebuyers Can Now Save Up To $130,000

In another step toward improving housing affordability, the Province of Ontario has announced a new PST relief program for first-time homebuyers purchasing newly built homes. This provincial measure will remove the 8% PST portion of the HST on qualifying homes valued up to $1 million, offering potential savings of up to $80,000 — and as much as $130,000 when combined with the federal GST rebate.

This initiative is designed to make homeownership more accessible, stimulate new housing construction, and provide much-needed financial relief to those entering the housing market for the first time.

Who Qualifies?

To be eligible for the PST rebate, you must:

  • Be a first-time homebuyer purchasing a newly built or substantially renovated home
  • Be 18 years of age or older
  • Be a Canadian citizen or permanent resident
  • Plan to live in the home as your primary residence
  • Have an agreement of purchase and sale signed on or after May 27, 2025, and before 2031

Homes priced between $1 million and $1.5 million will still be eligible for a partial rebate, following a phased reduction model.

Make the Most of Your Investment

At Fusion Homes, we’re committed to helping first-time buyers navigate every stage of their Home Buying Journey. From move-in ready homes to customizable pre-construction options, our team will ensure you find a home that not only qualifies for the PST relief but also provides lasting value and exceptional quality.

Our Sales Professionals can help you:

  • Understand how these rebates impact your total home cost
  • Explore designs and finishes that fit your lifestyle and budget

Communities with Eligible Homes
Explore new homes priced under $1 million in our welcoming communities:

Townhomes

Alister Model Home

Condos

Anthem Model Home

Detached Homes

Cadence Model Home

If you’re a first-time buyer ready to take the next step, our team is here to help you understand your eligibility and maximize your potential savings.

Contact us today to navigate your eligibility or to calculate your potential rebate.

Visit Ontario.ca for more information on the provincial and federal homebuyer rebate programs.