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Rebate Blog

Why Does Ontario Rebate the HST on New Homes?

HST housing rebates are available to Ontario residents through Canada Revenue Agency. Residents can claim an HST rebate on a newly built home that will be the principal residence OR an investment property that will be used as a rental. These rebates allow individuals to recover portions of the provincial taxes and federal taxes that […]

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The HST Rebate on New Homes Can Make a Big Difference

The Ontario government has set up an HST rebate on new homes as a means of helping new homeowners with the ever-increasing cost of buying a home. By offering homebuyers an HST rebate on new homes, the aim is to lessen the financial burden for the many first time buyers. The HST rebate on new […]

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House Prices in Toronto Keep Climbing

Across the board (and across the country) real estate professionals agree that house prices in the GTA (Greater Toronto Area) are unlikely to come down from their current high anytime soon. And while everyone has their own set of statistics and data, Toronto home prices have definitely made gains in recent years. Simply put, home […]

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Be careful of fraudulent home renovations

The contractors you hire for your renovation job will make a world in difference in the amount you spend and the quality of the work you receive. We’ve all heard stories of unscrupulous renovators who have done lousy renovation jobs, leaving the homes in ruin, and billing clients for absurd costs. There was a recent […]

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Best real estate deals in Toronto

With recent news that the average cost of a detached house in Toronto climbed to more than $1 million, any homebuyers looking to get into the real estate market may choose to wait to buy a home in hopes that prices will drop. During the first half of March, the average selling price of a […]

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Top 5 best real estate deals in Canada

If you’re an investor looking to get into the real estate game, you may be torn about whether now is a good time to buy a property and whether you’ll be able to get it at a good price. It’s no surprise this is a when you keep hearing media reports about the price of […]

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Is My Investment Property Eligible For the New Home HST Rebate

Most Ontario residents have some knowledge about the HST Rebate in Ontario for principal residences. This rebate is offered ONLY to homebuyers who will live in the home as a primary residence. However, not many people are aware of the HST Rental Rebate offered to property investors who plan to rent the property. Many government […]

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How to Apply for the Ontario HST Rebate on a Substantially Renovated Home

Homeowners applying for an HST Rebate in Ontario may qualify for an HST Rebate on home renovations. This is a specific rebate for applicants who have completed a “substantial renovation” on their home, added a “major addition” to their home, or converted a non-residential home into a residential home. “Substantial renovations” are defined by Canada […]

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