Buying your first home in Ontario just became more affordable — and it couldn't come at a better time for Durham Region buyers.

The provincial government has announced a game-changing HST rebate for first-time homebuyers, eliminating the provincial portion of the 13% HST on new homes up to $1 million. Combined with the current release of Freehold Towns, Semis & Singles starting from $779,990, this opportunity is one of the strongest entry points we've seen in years.

Here's everything you need to know — and why Durham Region buyers should be paying attention.

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🚀 Ontario's New HST Rebate: What First-Time Buyers Need to Know

The new tax relief measure reduces one of the most significant costs associated with buying a newly constructed home.

Who Qualifies?

This rebate applies to eligible first-time homebuyers purchasing a new home in Ontario.

How It Works:

• Homes up to $1,000,000 → Provincial portion of HST eliminated

• Homes $1M–$1.5M → Rebate phases out gradually

• Homes $1.5M+ → No rebate available

For many new construction buyers, this translates into tens of thousands of dollars in savings, directly lowering the cost of homeownership.

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📉 Durham Region Market: Homes Are Still Well Below the Tax Threshold

In October 2025, Durham Region recorded:

• 715 home sales

• Average price: $851,764

This is well below the rebate cut-off — meaning many first-time buyers in Durham can fully benefit from the new HST savings.

Compared to GTA averages, Durham remains one of the most accessible markets for freehold living, especially for buyers seeking:

• More space

• Larger lots

• Newer homes

• Strong long-term appreciation

This makes Durham one of the best-value regions in Ontario for entering the housing market.

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🏡 Freehold Towns, Semis & Singles Starting from $779,990

A newly released collection of Freehold Townhomes, Semis, and Singles, starting at $779,990, offers even more opportunity for first-time buyers and move-up families.

Why this release is such a big deal:

✔️ Freehold ownership starting below Durham's average price
✔️ Fully eligible for the new HST rebate
✔️ Built-in appreciation potential in a strong-growth region
✔️ VIP Incentives, pricing, and early lot selection available now

At $779,990, many buyers gain:

• Lower monthly carrying costs

• Higher long-term equity

• More value per square foot

• Reduced tax burden due to the new provincial rebate

It's a rare moment when new construction pricing, government policy, and market conditions all align in favour of buyers.

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📊 Why First-Time Buyers Should Act Now

With prices below $1M, many in Durham qualify for:

1. Full Provincial HST Rebate

This alone can save buyers tens of thousands of dollars, instantly improving affordability.

2. Lower Competition (For Now)

Policy announcements often trigger new demand. Acting early gives buyers first access.

3. VIP Access = Best Pricing & Lots

Early registrants typically secure:

• Wider selection

• Preferred elevations

• Premium lot choices

• Builder incentives

4. Durham's Growth Trajectory

Durham continues to outperform due to:

• Highway expansions

• New transit plans

• Population growth

• Strong job migration east of Toronto

• Major new-build communities attracting new buyers

Buying early in this cycle is a strategic move.

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💬 Thinking About Buying? Start With a VIP Appointment

I can provide everything you need to make an informed decision:

• Full pricing package

• Incentives

• Floor plans

• Site maps & lot availability

• Eligibility guidance for the new HST rebate

📩 Reply "INFO" to this email or message me directly to get started.

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📞 Connect With Eldon King Homes

Eldon King
RE/MAX Hallmark First Group Realty Ltd.
📞 416-888-4524
📧 eldonking.remax@gmail.com
🌐 eldonkinghomes.com
IG: @eldonkinghomes