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Rebate Blog

GST/HST new housing rebate application for owner-built houses

If you’re a property owner filling out a GST/HST new housing rebate application, it’s important to comply with all the guidelines, and provide all the requisite paperwork. You will be using the GST/HST new housing rebate application if you’ve built a brand new house, or if you’ve made a substantial renovation to your house. How […]

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What to look out for when buying a preconstruction home

With many new condos and houses being built all over the country, a homebuyer may want to get in on the action by buying a pre-construction home. Whether you’re drawn by the fact that you can customize your home since it’ll be built especially for you or you’re looking for a longer amount of time […]

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Ever heard of a skinny home?

When it comes time to buy a home, you’ve probably heard of townhouses, condos, duplexes, triplexes, semi-detached or detached homes. But chances are, you probably haven’t heard of a “skinny home” or a “thin home” before. Recently, a skinny split-level home on West 15th Avenue in the Point Grey neighbourhood in Vancouver sold for $1.35 […]

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Bill proposed for greater transparency of Tarion’s builder records

The Government-created corporation protecting new home buyers, Tarion, may become more transparent if recently proposed legislation passes. In December, Queen’s Park tabled a bill that would require the private corporation to provide details about home builders and their track records. The Tarion Accountability and Oversight Act bill was tabled by NDP MPP Jagmeet Singh. It […]

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Wood-frame building codes changing across Canada

The case for building taller wood-framed buildings is gaining traction with provinces and cities adapting their building codes to allow for taller wood structures. Most recently, Calgary announced a change to its rules allowing for six-storey buildings with wood frames, an increase from four-storeys. City planners hope this will encourage developers to build more mid-rise […]

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Maintain your new home to preserve its value

When we buy a home, we hope that it’ll be a great place to live. But we also hope to own a property that will see its value appreciate over time and become a nice retirement nest egg when the time comes. It’s important to maintain your property so it’ll help you achieve the retirement […]

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Recent Posts view all posts

What Landlord Fees are Tax Deductible in Canada

Many people are interested in becoming a landlord but aren’t certain about all the financial logistics involved in managing rental properties. There are a lot of important decisions to consider when you become a landlord. In general, you will want to treat your rental property like a business: buying the right property, screening potential tenants […]

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What You Need to Know About the Foreign Buyers Tax Rebate

In Ontario, the Non-Resident Speculation Tax (also referred to as the NRST tax) targets foreign homebuyers. Essentially, this is a foreign buyers tax, with a tax rate of 15% on the purchase or acquisition of a residential property. The property in question must be located in the Golden Horseshoe area of Ontario. What’s important to […]

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