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How First-Time Homebuyers in Edmonton Can Save Up to $50,000 with the New GST Rebate

How First-Time Homebuyers in Edmonton Can Save Up to $50,000 with the New GST Rebate

If you're a first-time homebuyer in Edmonton or Sherwood Park, there's great news: the federal government is now waiving the GST on brand-new homes priced under $1 million and offering a reduced rate for homes up to $1.5 million.

That means you could save as much as $50,000 — money that can go toward your down payment, furnishings, or future renovations.

This rebate applies to:
✅ New homes purchased directly from a builder
✅ New construction you build on your own land
✅ Some co-op housing purchases

If you're wondering whether you qualify or how to take advantage of this opportunity, I’d be happy to walk you through your options and run the numbers.

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Data last updated on February 18, 2026 at 03:30 PM (UTC).
Copyright 2026 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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