GST/HST new housing rebate vs First-time home buyers’ (FTHB) GST/HST rebate
Hi everyone,
I'm really confused between these 2 rebates. For context, I signed for a new build on March 30th, 2025 and it was accepted/entered into the system by the builder April 1st, 2025
Now, I'm about to close and they sent my lawyers a "Statement of Adjustments" and on that, I have both the Federal and Ontario HST portions.
For the Ontario portion, it says "credit to purchaser: $24,000", so it seems like they auto-applied for the GST/HST new housing rebate, but as for the Federal Portion, it says $0
Does that mean I'd need to apply for it myself and would I be eligible? I checked on the website and it seems like I would, but I've seen people throwing around "April 1st" on Reddit and unsure.
Agreed upon sale price is $728,000
Thank you!
u/mc1aren — 1 day ago