09/04/2026
If your first home is newly built, the GST may be fully rebated.
Up to $1,000,000, that’s a full rebate to a maximum of $50,000.
Between $1,000,000 and $1,500,000, it scales down. Above that, nothing.
For most first-time buyers in Golden, that first number is the one that matters 🙌
For perspective: the old rebate maxed out around $6,300. This isn’t an adjustment to an existing program. It’s a different program entirely.
Three conditions, none complicated: you’re a first-time buyer, the home is new or substantially renovated, and it’ll be your primary residence.
Here’s what it actually does. Skip the surprises that come with 30 years of previous owners’ decisions. Go in with a clearer picture of what your first decade of ownership costs. Your down payment, your monthly carrying costs, and your equity five years from now all shift with it.
And the old instinct to avoid GST by buying resale doesn’t really apply anymore. New builds now sit much closer to resale on price, so you’re free to weigh condition, layout and age on their own merits.
Right here in Golden, Timber Ridge qualifies for this rebate. It’s new construction, in town, which means it’s eligible today, not eventually.
Timber Ridge gives first-time buyers something this market rarely offers all at once: functional layouts, a realistic entry price, and walking distance to town.
Townhomes here range from cozy two-bedroom layouts up to more spacious three and four-bedroom plans, built with the same warm modern finishes you’d expect in a much bigger price bracket.
There are a handful of units still available in this phase, and with the rebate applied, the entry cost on some of these drops by tens of thousands of dollars.
For full details, head to the blog. Comment below and I’ll send you the link.
📍 Golden, BC