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How First-Time Buyers in Edmonton & Sherwood Park Can Save Up to $50K on New Homes

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How First-Time Buyers in Edmonton & Sherwood Park Can Save Up to $50K on New Homes

Thinking about buying your first home? The Canadian government just made it easier. A newly introduced GST rebate could save you up to $50,000 on the purchase of a new home.

Here’s how it works:

  • The full GST is waived on new homes up to $1 million

  • A reduced rate applies to homes priced up to $1.5 million

  • It applies whether you’re buying from a builder, constructing on your own land, or purchasing through a cooperative

This is great news for buyers in Edmonton, Sherwood Park, and surrounding communities where new developments are booming. As a local REALTOR® with RE/MAX Elite, I’m ready to help you take advantage of this opportunity.

Let’s chat about how this rebate could fit into your homebuying journey.

📲 Contact us to get started.

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Data last updated on July 25, 2025 at 09:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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