Big news for first-time home buyers in Canada.
Newly passed legislation is lowering the cost of buying new by eliminating or reducing GST, putting up to $50,000 back into first-time buyer's hands. And when paired with the right builder, guidance, and community, those savings can make an even bigger impact.
Through the newly proposed First-Time Home Buyer GST Rebate, the Goods and Services Tax (GST) will be eliminated on new homes priced up to $1 million, and reduced on homes priced between $1 million and $1.5 million. For many Canadians, this could be the difference between “maybe someday” and “we can actually do this.” If you're on the hunt for your first home, now’s the perfect time to take the next step!
Enjoy benefits like:
More money in your pocket
Save up to $50,000 of the GST/HST on your new Baywest home.
Easier budgeting and mortgage approval
A lower effective price makes mortgage planning smoother. Plus, it may allow you to qualify for more!
Save more on a new home vs a resale home
These savings add to the long list of benefits that come with purchasing a new Baywest home, such as designer curated interiors, modern layouts and new home warranty.
Buying your first home comes with a lot of questions, and that is where the Baywest Sales Team comes in. We’re here to simplify the details, maximize your savings, and help you move forward with confidence. Visit any of our show homes and meet with our sales teams to learn more about how you can qualify!