As spring turns into Summer and the pandemic fades into the rearview mirror, more and more homeowners throughout Ontario are embarking on shelved renovation and home construction projects. What many people don’t know is that your construction or renovation of a newly built home can award you significant savings through the HST Rebate in Ontario. […]
One of the benefits of residential properties is that homeowners can leverage renovations entirely to customize and upgrade their space. In some cases, this may mean knocking down a property, tearing it down to its studs, and starting over again. In other situations, renovating your home means constructing a major addition. When you work on […]
If you’ve been thinking about investing in a new home or you’ve put the deposit down on a new home but aren’t quite sure if you’re ready to make a move, the thought of renting may have crossed your mind. With the Ontario HST rebate program, a rental property can be a great option to […]
In Ontario, Harmonized Sales Tax or “HST” is applied on the purchase of all sales and goods, even properties. The additional 13% added on top of the price of a new home or property can quickly add up to tens of thousands of dollars. When purchasing an investment property, the goal is to make a […]
The HST Rebate in Ontario presents an excellent opportunity for residential property owners in the region to get some of the money back from the government that they spent on acquiring the property. One of the two rebates available through the Canada Revenue Agency is the HST Rebate on New Condos. By applying for this […]
If you’re buying a new residential property, you essentially have two options on how it can be used. The first option is to occupy the property, either as your own primary residence, cottage, or vacation home. When you choose to make that newly purchased property your primary residence and share that information with the builder, […]
