Buyer Cost
My Home Cost
First-time buyer exemption
Newly built home exemption
New build: add 5% GST
House price
Closing costs subtotal
GST on new build (5%, before rebate)
Total cost (price + closing costs)
Estimate only. First-time buyer exemption: up to $8,000 off for homes up to $835,000, phasing out to $860,000. Newly built home exemption: whole tax waived up to $1,100,000, phasing out to $1,150,000 (only one exemption can be claimed). Confirm eligibility with your lawyer. GST, if ticked, is 5% of the price before any new housing rebate. Excludes adjustments.