To support first-time homebuyers entering the market and promote new home construction to meet demand, the government of Canada is planning the elimination of GST on new homes up to $1 million, along with a partial rebate for homes priced between $1 million and $1.5 million. We anticipate this to pass legislation this fall.
Who Qualifies?
This initiative is available to:
- First-time homebuyers purchasing a new home from Prominent Homes as their primary place of residence
- Canadian citizens or permanent residents aged 18 and older
- Buyers who sign a purchase agreement on or after May 27, 2025, and before 2031, or those with a Prominent Homes GST amendment clause in their agreement
At Prominent Homes, we know how important every dollar is, especially for first-time buyers entering today’s market. Whether you are looking for a presale or quick possession townhome, duplex, or estate home, you can move forward with confidence knowing your GST savings are protected.
Ready to Learn More?
If you’re a first-time buyer or working with one, our team is happy to walk you through the GST Amendment and how it could apply to your next home purchase. We’re committed to supporting buyers every step of the way—because going above and beyond is part of our Prominent Promise.
Qualification details regarding the First-Time Home Buyers’ GST Rebate are available from the Department of Finance Canada’s news release GST relief for first-time home buyers on new homes valued up to $1.5 million
Free Gas or Groceries for a Month!*
*For a limited time, purchasers will receive a $1,000 Canadian gift card to Loblaws on the purchase of any pre-construction and quick possession home which can be used towards groceries and gas. This promotion is applicable to all homes where Prominent Home builds including Key Ranch – Airdrie | Lewisburg, Savanna – Calgary | Greystone, Heartland – Cochrane | Waterford, South Shore – Chestermere | Wedderburn, Okotoks
Contact Our Expert Sales Team today to learn more about the GST Rebate & the Gas & Groceries promotion. You new home is waiting for you!