First Time Home Buyers Can Now Save the GST!
All prices listed on our website include GST. If you qualify as a first-time home buyer, you can expect to save the GST!
Originally published June 2025.
March 2026 Update: For purchases made after March 12, 2026, there’s no need to file separately for the rebate. The credit is now applied directly at the point of sale, and our team is here to make the process seamless for you.
The Federal Government has legislated a new policy estimated to generate a remarkable $3.9 billion in tax savings for Canadians over five years, starting in the 2025-26 fiscal year. This has since received Royal Assent, meaning builders can now apply the FTHB GST/HST rebate directly to eligible first-time home buyers going forward. This means that buyers won’t have to apply separately, it can be credited at point of sale!!
This is good news because in addition to financial relief, the policy will stimulate the construction sector by encouraging the building of new homes across Canada. At Stranville Living Master Builder, and as a prominent player in the industry, we are already poised to meet this heightened demand by constructing ideal homes for families in Alberta and Eastern British Columbia. What is this new tax-saving policy? Let’s take a closer look!
What is the FTHB GST Rebate?
On May 27, 2025, the Federal Government announced a game-changing policy that is eliminating the Goods and Services Tax (GST) for first-time home buyers (FTHB) on new homes up to $1 million and reducing the GST for first-time home buyers on new homes between $1 million and $1.5 million. This significant policy change is expected to facilitate homeownership for young Canadians and promote greater accessibility for individuals seeking to invest in residential properties.
As a result of this rebate, first-time home buyers stand to benefit significantly from this rebate, with potential savings of up to $50,000 on the purchase of a new home. Any buyer that signed after May 27, 2025 needs to file themselves for this new rebate. But if ownership was transferred after March 12, 2026, Stranville Living can credit this amount back to you at point of sale making your dream home now more affordable without the hassle of applying for this benefit yourself and having to wait for it.
Who Will Qualify for this FTHB GST/HST Credit?
This is really exciting news, but of course, there are requirements. Let’s talk about them.
- You are must be over 18,
- You are a Canadian citizen or a permanent resident of Canada
- this is your first home purchase, or you have not lived in a home that you or your spouse or common law partner have owned in the year 2025 or in the 4 preceding calendar years
- You will be the first individual to occupy the home as a place of residence and it will be your primary place of residence
- You or your partner have not previously claimed the FTHB GST rebate
- You agree to purchase a house on or after May 27, 2025 and before 2031
- Construction of the home begins before 2031 and the home is substantially completed before 2036.
If you meet these requirements, the savings are yours to keep. No need to know every detail — our trained Sales Consultants will walk you through everything, from understanding the requirements to applying the credit right at point of sale.
Save Tens of Thousands on Your New Quick Possession Home Purchase!
Stranville Living has many new homes already built and ready for quick possession that qualify for this new rebate. For example, one of our most highly sought after home models is the “Plockton,” a beautiful house with three bedrooms and 2.5 Bathrooms at 1,403 sq. It is priced at $469,900, including GST. However, with the new legislation, first-time homebuyers will pay only $447,633.97. This is a significant tax savings of $22,236.03! If you bought a house from us before May 27, 2025, then to claim this rebate, you will need to fill out a specific form when you file your taxes.
However, since this new rebate has received Royal Assent, our team at Stranville Living Master Builder can credit this rebate right away on your purchase, saving you money right away with no paperwork for you to file! But always, our professional sales consultants remain up to date on the legal ins and outs of this new initiative by the Federal government and can guide you through this process, ensuring you receive the maximum benefit! They know that there are new forms coming soon from CRA and also will be attending the builder-focused webinar so they will have it all figured out and that will give you one less thing to worry about when you are planning your future house purchase.
Build Your Customized Home GST Tax-Free!
Now, with this new savings, this could be the moment you have been waiting for to have a customized home built for you and your family. After saving and dreaming for years, this can really happen. Stranville Living offers numerous communities to choose from in the Lethbridge, Coaldale, Crowsnest Pass, and Sparwood areas. What sets us apart is our commitment to quality, customer service, and community development. Once you select the area you want to live in, then the fun can really begin.
Come see us at our Design Center in Lethbridge and meet the professional sales consultants who will help you choose your lot, home model and every detail after that. Or, if you want to experience the feel of what your new home will be like, visit one of our Show Homes. We know you will fall in love the moment you walk through the door of one of these beautiful show homes.
Start Your Home-Buying Journey Today
This pivotal announcement not only opens doors for many Canadians to attain their dream of homeownership but also fosters an environment conducive to long-term investments in the housing market. In removing the GST from homes under 1 million and reducing the GST on homes prices between 1milllion and 1.5 million, it is making owning your first home attainable. This policy enables families to create lasting memories in spaces they can truly call their own, ultimately contributing to the growth of vibrant communities throughout the country.
We are confident that Stranville Living Master Builder can help you do this. Now is the time for first-time home buyers to buy their dream home that will last a lifetime, and create memories that will be cherished for generations.
