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Rebate Blog

What is a construction loan?

Whether you already have a piece of land you want to develop or a you are looking to build a custom home, both of these options require a great deal of money. If it’s money you don’t have saved up, banks and private mortgage companies can offer you a construction loan to lend you money […]

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What you need to know about being a landlord

If it’s your dream to own a property, rent it out and earn easy money, you may need to rethink that scenario. While being a landlord can earn you a steady income, there’s more to it then having someone stay at your home and pay you money once a month. You will be responsible for […]

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What home renovations pay for themselves?

Homes are a different kind of investment, they’re part personal, part functional and part a long-term asset. When you go shopping, you consider whether a home will fit into your plans, but sometimes those plans get thrown out the window for whatever reason. When it comes to renovating a home, it’s easy to spend upwards […]

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What upscale home renovations add the most value to your home?

When you become a homeowner, it’s common for you to want to renovate your property to suit your liking. Trust me, you’re not alone. In 2013, Canadians polled by the CIBC said they expected to spend an average of $15,300 each year on home renovations. Also, more than one third of homeowners said they expected […]

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What mid-range home renovations add the most value to your home?

When you buy or renovate a home, it’s a space for you or your family to grow in or it’s an investment opportunity, or both. For a homeowner who lives in their home, when you make changes to your space, it’s important to remember that your property can serve as a nest egg when it […]

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Figure out the cost of knocking down and rebuilding your home

Sometimes the changes you plan for your home are extreme enough that you’re better off gutting your home and rebuilding it. Whether this includes adding a new addition to your home or redesigning the space so you’re able to stay in the neighbourhood, these type of home renovations have a costlier price tag. You’ll need […]

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How Is the HST Rebate in Ontario Calculated?

If you’re a property owner or a landlord considering the HST rebate in Ontario, your total refund amount could be quite substantial. The New Residential Rental Property Rebate, for example, is designed specifically for real estate investment properties that will be fully rented out. Often, with the many rules and regulations from the Canada Revenue […]

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How Does Ontario’s New Home Rebate Work?

The Ontario New Home HST Rebate is available when purchasing a new condo or home from a builder. This rebate is also available when hiring a builder to build a brand new home. The provincial government initiated the HST rebate in Ontario in order to help out prospective homebuyers with the high cost of home […]

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