First-Time Home Buyer Incentive
The Government of Canada offers first-time buyers financial help in two big ways:
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Shared Equity Incentive – The government can contribute 5%–10% of the purchase price of your home, lowering your mortgage amount and monthly payments.
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GST/HST Rebates – As a first-time buyer, you may qualify to get a portion of the GST back on your purchase.
Together, these incentives can save you tens of thousands over the life of your mortgage.
Real Example of Value
Let’s look at a featured home priced at $474,600:
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First-Time Home Buyer Incentive (5% shared equity):
–$23,730
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GST/HST rebate (approximate, depends on buyer eligibility): –$4,700
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Meadows First 5 Promo: +$10,000 in upgrades
That’s nearly $28,430 in direct savings, plus $10,000 in added upgrades to customize your new home.
Why Wait?
If you’re in your in the market for your first home, these incentives make your first home more affordable than you might imagine. Combine Canada’s programs with our First 5 Promo, and you’re walking into homeownership with savings already stacked in your favour.
Ready to learn more? Contact our sales team today or fill out our online form! let’s see how much you could save as one of the first new homeowners at The Meadows in Whitecourt.
The First 5 Buyers Incentive
Available exclusively for the first 5 buyer of phase 2 at The Meadows in Whitecourt
Get $10,000 Toward Upgrades - Just for Being Early
To celebrate the launch of Phase 2 at The Meadows, we’re giving the first 5 buyers a $10,000 credit to use toward upgrades, features, or add-ons that make your new home truly yours.
Whether it’s premium flooring, a garage, appliances, a deck, or landscaping - this bonus gives you the freedom to enhance your home without the extra cost!
How It Works
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Be one of the first five buyers to officially purchase in Phase 2
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Automatically qualify for a $10,000 credit applied toward approved upgrades
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Work with our sales team to personalize your home
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Enjoy a smoother move-in, with more of what you want already included
This promotion is available on a first-come, first-served basis. Once the five promo spots are gone, they’re gone
What Can You Use the Credit For?
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Interior finish upgrades (flooring, cabinetry, countertops)
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Kitchen or bathroom enhancements
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Garage additions or sheds
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Decks, patios, or landscaping
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Appliance or A/C packages
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Other approved builder upgrades
Other Incentives
Here at the Meadows we want to help you get every advantage when it comes to buying a home - take a look below to see other incentives and how they work!