GST on New Homes in BC

How GST applies to new presale condos and townhomes in BC, including the GST new home rebate thresholds and 2026 changes.

Frequently asked questions

What is the GST rate on new homes in BC?

New construction homes in BC are subject to 5% federal GST on the purchase price.

Who qualifies for the GST new home rebate?

Eligible first-time buyers and owner-occupants of new homes priced under the federal threshold can claim the GST New Housing Rebate. Homes under $1,000,000 may qualify for a full rebate in 2026.

Is GST charged on presale assignments?

GST can apply to the assignment margin (the profit portion). Speak with a CRA-experienced accountant before assigning.