See the real monthly payment difference when Ontario's $130K HST rebate and $100K builder incentive are applied. Adjust down payment, rate, and amortization to match your scenario.
HST incentive expires March 31, 2027How this is calculated: The "Without Savings" scenario uses the full purchase price. The "With $230K Savings" scenario subtracts the combined $230,000 incentive from the purchase price to get an effective price, then calculates your mortgage from there. Formula: M = P × [r(1+r)n] / [(1+r)n − 1]. Down payment % applies to each scenario's respective price. E.&O.E. — Consult your mortgage broker for an accurate pre-approval.
The $230,000 total comes from two separate programs that can be stacked at closing. Both apply to all units at Heathwoods at Lambeth.
Launched April 1, 2026. Maximum applies to homes $1.0M–$1.5M ($130K combined: Ontario up to $80K, in effect; federal up to $50K, committed but pending final legislation). Rebate tapers for homes $1.5M–$1.85M; $24K for homes over $1.85M. No first-time buyer restriction. Applied at closing by the builder. APS must be signed by March 31, 2027.
A direct incentive from the builder for Phase 4 buyers at Heathwoods at Lambeth. Applied at closing. Combined with the HST rebate, this represents an unprecedented level of savings for luxury new construction in Ontario.
Both incentives apply at closing. No dual filing, no separate programs to manage. Your real estate lawyer and the builder handle everything.
*The $130,000 HST rebate is the combined maximum: Ontario portion up to $80,000 (in effect); federal portion up to $50,000 (committed by the federal government but pending final legislation). The $230,000 total assumes both portions proceed as announced.
The calculator shows the math. Your mortgage broker and our sales team can confirm your exact numbers, qualify you, and walk you through the closing process.
Buyers at Heathwoods at Lambeth can save up to $230,000 in combined incentives: up to $130,000 from the HST New Home Rebate (Ontario up to $80,000 in effect; federal up to $50,000 committed but pending final legislation — applies to homes $1.0M–$1.5M, tapers for $1.5M–$1.85M, $24K for homes over $1.85M; APS signed by March 31, 2027) and up to $100,000 in a builder incentive. These savings reduce your effective purchase price and lower your required mortgage principal.
On a 25-year amortization at 4.5% with 20% down, the $230K savings translates to approximately $1,275 less per month and over $120,000 in total interest saved. Use the calculator above to see the exact difference based on your down payment and rate.
Yes — the combined savings reduce your effective purchase price from $1,258,000 to $1,028,000. If you're calculating your down payment as a percentage of the purchase price, you need less in absolute dollars. At 20%, your down payment drops from $251,600 to $205,600 — saving you $46,000 upfront as well.
Your Agreement of Purchase and Sale (APS) must be signed by March 31, 2027. This is the signing date that matters — closing can happen after that date. There is no indication of an automatic extension. Don't miss the window.
This calculator uses the standard amortization formula for illustrative purposes. Actual Canadian mortgages may involve CMHC insurance premiums (for down payments under 20%), semi-annual compounding, and lender-specific conditions that affect your actual payment. These figures are estimates only. Consult your mortgage broker for a precise pre-approval. E.&O.E.
No. The Ontario HST New Home Rebate launched April 1, 2026 applies to any buyer of a new construction home — repeat buyers, move-up buyers, and buyers purchasing for a qualifying relative. There is no first-time buyer requirement, no income cap, and no net worth test.
Disclaimer: Calculator results are for illustrative purposes only and do not constitute financial advice. All savings figures are "up to" maximums subject to eligibility criteria, program terms, and your specific transaction. The $130,000 HST rebate consists of the Ontario portion (up to $80,000, in effect) and the federal portion (up to $50,000, committed by the federal government but pending final legislation). Rebate tiers: $1.0M–$1.5M = up to $130,000; $1.5M–$1.85M = tapered; over $1.85M = $24,000 (existing federal minimum). Canadian mortgages involve semi-annual compounding and CMHC insurance requirements not reflected in this simplified calculator. Consult your mortgage broker and real estate lawyer for exact figures. Information reflects the HST New Home Rebate as announced effective April 1, 2026. E.&O.E. Not intended to solicit buyers or sellers currently under contract with another brokerage. Represented by Prime Real Estate Brokerage. Justin Konikow, Real Estate Salesperson.
Complete breakdown of the new construction HST rebate — eligibility, tiers, how it applies at closing.
Answers on the HST rebate, Heathwoods models, lot availability, and how to buy.
Location, lifestyle, schools, and the real estate fundamentals that make Lambeth a strong buy.
Searching for new homes in London Ontario? Lambeth is 15 min south — with $230K in available savings.
Up to $130K HST rebate + $100K builder incentive. Phase 4 is the final phase — only 4 lots remain. APS deadline: March 31, 2027.
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