Ontario HST Rebate on New Builds — Up to $130,000, With an Important Catch
April 28, 2026 · Matthew Shaw-Ward, Mortgage Agent Level 1
On March 25, 2026, Ontario announced a full 13% HST rebate on newly built homes up to $1 million in value. For purchase agreements signed between April 1, 2026 and March 31, 2027, buyers could receive up to $130,000 back — depending on the purchase price.
Who qualifies
The rebate applies to detached homes, semi-detached homes, condos, townhouses, and rowhouses purchased as a primary residence. Ontario covers the 8% provincial portion; the federal government is covering the 5% federal portion. Construction must start by December 31, 2028 and be substantially completed by December 31, 2031.
The catch: federal legislation hasn't passed yet
The CRA has publicly stated it will not accept rebate assignments on closings that occur before the federal legislation is formally in effect. Builders across Ontario are inserting delay clauses into purchase agreements until there is legal clarity. With potentially $130,000 on the line, the CRA is expected to scrutinize claims closely.
What to do if you're looking at a new build
The rebate is real, but the process isn't fully settled. Before signing a purchase agreement on a new build, have a real estate lawyer review the agreement — specifically how and when the rebate will flow through your transaction. On the financing side, understanding how the rebate affects your effective purchase price and down payment is worth discussing before you're committed.
Matthew Shaw-Ward | Mortgage Agent Level 1 | Lic. M25002611 | Verico The Mortgage Wellness Group Limited | Brokerage Lic. #11970
No obligation. Get clear answers about your mortgage options directly from Matthew — same day in most cases.
Privacy Policy
Effective Date: March 2026 · Matthew Shaw-Ward · Mortgage Wellness
1. Who We Are
This Privacy Policy applies to Matthew Shaw-Ward, a licensed Mortgage Agent Level 1 (Lic. M25002611) operating on behalf of The Mortgage Wellness Group Limited (Lic. #11970), a licensed mortgage brokerage. Each office is independently owned and operated. Member of the Verico network. We are regulated by the Financial Services Regulatory Authority of Ontario (FSRA) under the Mortgage Brokerages, Lenders and Administrators Act, 2006 (MBLAA). "We," "our," and "I" refer to Matthew Shaw-Ward and The Mortgage Wellness Group Limited collectively.
We are committed to protecting your personal information in accordance with the Personal Information Protection and Electronic Documents Act (PIPEDA) and applicable Ontario privacy legislation. We collect only what is necessary, use it only for stated purposes, and protect it with appropriate safeguards.
3. Information We Collect
When you submit the pre-qualification form, we collect:
Contact information: first name, last name, email address, phone number
Property information: property type, estimated property value, current mortgage balance, number of existing mortgages
Mortgage goal: your stated reason for seeking mortgage assistance
4. Why We Collect This Information
Your information is collected to:
Assess your eligibility for mortgage financing and identify suitable lender options
Contact you to discuss your mortgage inquiry
Prepare and submit mortgage applications to lenders on your behalf, if you choose to proceed
Comply with regulatory record-keeping requirements under the MBLAA and anti-money laundering obligations under FINTRAC
5. Your Consent
By submitting the pre-qualification form and checking the consent checkbox, you provide express consent to the collection, use, and disclosure of your personal information as described in this policy. You may withdraw consent at any time by contacting us at matthewsw@mortgagewellness.ca, subject to legal or contractual restrictions and reasonable notice.
6. How We Use Your Information
We use your information to evaluate your mortgage needs, contact you by phone, email, or text message regarding your inquiry, and — if you choose to proceed — to shop your mortgage file across our lender network to find suitable options on your behalf.
7. Who We Share Your Information With
We share your information only as necessary:
Lenders and financial institutions: when submitting a mortgage application on your behalf, with your authorization
The Mortgage Wellness Group Limited (brokerage, Lic. #11970): for brokerage oversight, compliance, and record-keeping as required by FSRA
Verico Financial Group Inc.: as the franchisor network, Verico may have access to brokerage-level compliance data as required under the network agreement. See verico.ca.
Web3Forms: our secure form processing service, acting as a data processor only. Web3Forms transmits your form submission to us and does not use your information for any independent purpose. See Web3Forms Privacy Policy.
We do not sell, rent, or trade your personal information to any third party for marketing purposes.
8. Data Security
We take reasonable technical and organizational measures to protect your personal information from unauthorized access, use, disclosure, or loss. All form submissions are transmitted via SSL/TLS encryption. Access to your information is restricted to those with a legitimate need.
9. How Long We Keep Your Information
If you become a mortgage client: minimum 7 years as required by the MBLAA
If your inquiry does not proceed to a mortgage application: up to 2 years, after which it is securely deleted or anonymized
10. Your Rights Under PIPEDA
You have the right to:
Access: Request a copy of the personal information we hold about you
Correction: Request that inaccurate or incomplete information be corrected
Withdrawal: Withdraw your consent at any time (subject to legal requirements)
Deletion: Request deletion of your information (subject to our retention obligations)
If you have a privacy concern we have not resolved to your satisfaction, you may contact the Office of the Privacy Commissioner of Canada at www.priv.gc.ca or 1-800-282-1376.
12. Changes to This Policy
We may update this policy from time to time. Changes will be posted on this page with an updated effective date. Continued use of this form after changes are posted constitutes acceptance of the updated policy.
13. Contact
Matthew Shaw-Ward · Mortgage Agent Level 1 · Lic. M25002611
The Mortgage Wellness Group Limited · Lic. #11970 · Member of Verico
Ontario · (705) 817-1511 matthewsw@mortgagewellness.ca
