Double Car Garage Townhomes in Brampton: What $629,990 Buys at Cornerstone
A freehold townhome in Brampton with a double car garage from $629,990. How the Liam at Cornerstone is laid out, who it suits and what to check.
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This is general information, not tax or legal advice. Rebate rules are set by the federal and Ontario governments and administered by the Canada Revenue Agency. Have your lawyer or accountant confirm how they apply to you.
What changed in 2026
New homes in Ontario carry 13% HST. For years the rebate on that tax was small: a maximum of $24,000 on the provincial portion, and little or nothing federally on homes above $450,000.
In March 2026 Ontario announced an expanded rebate, cost-shared with the federal government. For qualifying purchases it removes the full 13% HST on a new home, up to a maximum of $130,000. Unlike the first-time buyer rebate that came before it, the expanded rebate is not limited to first-time buyers.
The amounts
| Price of the new home | Expanded rebate |
|---|---|
| Up to $1,000,000 | The full 13% HST |
| $1,000,000 to $1,500,000 | $130,000 |
| $1,500,000 to $1,850,000 | A reduced amount |
| Above $1,850,000 | The older $24,000 maximum |
Ontario's own examples: about $91,000 on a $700,000 home, $130,000 on a $1.2 million home and $69,500 on a $1.7 million home.
Every Cornerstone model sits in the first two rows. Townhomes start at $629,990 and the highest detached price on the list is $1,329,990.
The dates that matter
- Agreement signed between April 1, 2026 and March 31, 2027.
- Construction started on or before December 31, 2028.
- Home substantially completed on or before December 31, 2031.
Cornerstone's grand opening was October 3, 2026, so an agreement signed now falls inside the signing window. The window closes on March 31, 2027 unless the government extends it.
Who qualifies
The home has to be bought as the primary place of residence of the buyer or a close relative. Qualifying long-term rental properties are covered under a parallel rental rebate, which is claimed differently.
First-time buyers also have their own rebate with a longer window, for agreements signed from March 20, 2025 to the end of 2030. It gives full relief up to $1 million and phases out by $1.5 million.
What "prices include the rebate" means on closing
Builders normally price a home with the rebate already taken off, and the buyer assigns the rebate to the builder in the agreement. That works when you qualify. If you do not, the agreement usually requires you to pay the rebate amount to the builder on closing.
On a $629,990 townhome that could be a bill in the tens of thousands of dollars. It is the most expensive surprise in a new-home purchase, and it is avoidable.
Three things to confirm before you sign
- Who will live in the home. If you are buying for a relative or as a rental, tell your lawyer before you sign so the right rebate is claimed.
- What the agreement says about the rebate. Look for the clause that assigns it to the builder and the clause that says what you owe if you do not qualify.
- Whose name is on title. Adding a co-signer who will not live in the home can affect eligibility. Ask before the agreement is drafted.
See the Cornerstone price list for current prices, or register and we will send the price list and floor plans by email.
Questions and answers
Do Cornerstone Brampton prices include HST?
The builder's Grand Opening price lists state that prices include the expanded HST rebate. That means the price assumes the buyer qualifies for the rebate and assigns it to the builder. A buyer who does not qualify usually has to pay the rebate amount on closing.
Who qualifies for Ontario's expanded HST rebate on new homes in 2026?
Buyers of a new home that will be the primary place of residence of the buyer or a close relative, where the agreement is signed between April 1, 2026 and March 31, 2027, construction starts by December 31, 2028 and the home is substantially complete by December 31, 2031. It is not limited to first-time buyers.
How much is the expanded HST rebate in Ontario?
It removes the full 13% HST on qualifying new homes up to $1 million, to a maximum of $130,000. The $130,000 maximum continues up to $1.5 million, and the amount reduces between $1.5 million and $1.85 million.
Can an investor get the HST rebate on a new Brampton home?
A qualifying long-term rental can be eligible under the rental property rebate, which works differently from the owner-occupier rebate. Builders often require investors to pay the rebate amount on closing and claim it from the Canada Revenue Agency afterwards. Confirm this with your lawyer and accountant before signing.
Last checked October 4, 2026. General information only, not legal, tax or financial advice. Prices and builder details can change without notice.
