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Start Your Homeownership Journey in Calgary

Buying your first home is a big and exciting step—and we’re here to help make it as smooth and rewarding as possible. At Cedarglen Homes, we believe that informed decisions lead to confident homeowners. Whether you’re just starting to explore your options or ready to take the next step, this page and our downloadable guide are designed to answer your questions, clarify the journey, and help you feel at home every step of the way.

First Time Homebuyers' Guide

Download Our Guide to Help Get Started

This informative guide outlines key information one needs in order to prepare for buying their first home in Canada.

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Beneficial Blogs

Understanding Mortgages

How Much Home Can You Afford?

Renting vs. Buying

Save For Your First Down Payment

Unlocking Homeownership Potential with Secondary Suites

Do You Need A Realtor?

View More Blogs

Government Incentives for First Time Homebuyers

RRSP Home Buyers' Plan

This program allows first-time homebuyers to withdraw up to $60,000 from their Registered Retirement Savings Plan (RRSP)—tax-free—to buy or build a qualifying home. Couples can combine withdrawals for a total of $120,000. Withdrawn amounts must be repaid to the RRSP over 15 years. Normally, RRSP withdrawals are taxed as income. However, under the Home Buyers’ Plan (HBP), withdrawals are not taxed if all conditions are met. The amount must be repaid over 15 years, with at least 1/15 repaid annually. If the required repayment isn’t made in a given year, the shortfall is added to your income and becomes taxable.

For more information on this program, including eligibility requirements and instructions on how to participate, click HERE to visit the CRA website.

First Home Savings Account (FHSA)

The First Home Saving’s Account (FHSA) is a registered savings plan created to help first-time homebuyers save for a qualifying home. It offers an annual contribution limit of $8,000 and a lifetime limit of $40,000. Contributions are tax-deductible, and withdrawals used to purchase a first home are tax-free. Unlike the RRSP Home Buyers’ Plan, funds withdrawn from an FHSA do not need to be repaid.

For more information on this program, including eligibility requirements and instructions on how to participate, click HERE to visit the CRA website.

First-Time Home Buyers’ Tax Credit

First-time homebuyers may be eligible to claim up to $10,000 when purchasing a qualifying home. To qualify, the home must be bought by the homebuyer, their spouse, or common-law partner. Additionally, neither the homebuyer nor their spouse or partner can have lived in a home they owned—either in Canada or abroad—during the year of purchase or in any of the four preceding years.

For more information on this program, including eligibility requirements and instructions on how to participate, click HERE to visit the CRA website.

First-Time Home Buyers’ GST/HST Rebate

The First-Time Home Buyers’ GST Rebate, introduced by the Canadian government in May 2025, helps eligible buyers save on the purchase of a new home. It offers a full GST rebate for homes priced up to $1 million, and a partial rebate for homes between $1 million and $1.5 million. The maximum rebate available is $50,000, and it applies to both new construction and resale homes.

For a high-level breakdown on this program, check out our blog post.

For more information on this program, including eligibility requirements and instructions on how to participate, click HERE to visit the CRA website.

Why Build With Cedarglen Homes

Exceptional Homebuilding Journey: Our goal is to provide an outstanding homebuilding journey that homebuyers will be able to look back on fondly. With countless meetings and decisions to be made along the way, we have developed a ‘Homebuilding Journey Passport’ system that will educate homebuyers on what to expect throughout their experience. To prepare for each meeting, the homebuyer can simply scan the QR code found in their passport which will redirect them to a helpful video from our team with more information. To learn more about this passport, click HERE.
Opportunity to Personalize: We offer a wide range of models—from paired homes and bungalows to spacious 3-storey designs. Homebuyers can personalize their homes with pre-designed floorplan options, including extra bedrooms, ensuite options, secondary suites, and working kitchens. Beyond these modules, our flexible process allows for unique floorplan modifications, striking a balance between personalization and efficient building. For more information, click HERE.
Net Zero Builder: In the fall of 2022, Cedarglen Homes was pleased to officially roll out the Net Zero Inspired program in which homebuyers can choose their level of investment in making their new home Net Zero certified. Within this program, Cedarglen Homes offers homebuyers five distinct packages to choose from – all of which result in one’s home being more sustainable than a standard new home. For a more detailed breakdown of what is included in each package, click HERE.
Awards & Recognition: Cedarglen Homes is proud to have been awarded the Home Owner Mark of Excellence Builder of Choice award for the Calgary Region for the past eight consecutive years. This is awarded to builders who achieve superior results in customer, employee, and trade satisfaction. Cedarglen Homes has also been awarded the Best Customer Experience award four times. Despite these awards, the most valuable recognition is from our homeowners themselves. Click HERE to hear from a few recent homebuyers on their experience building with Cedarglen Homes.