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Rebate Blog

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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Substantial Home Renovations Are Eligible For An HST Rebate

Canada Revenue Agency has specific definitions for what is considered a “substantial renovation” and a “major addition”. These definitions relate to eligibility requirements for individuals who want to claim an HST rebate. For purposes of clarity, various types of residential buildings are defined, including those converted to be residential. Like other rebate programs, CRA outlines the […]

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So Many Questions About the HST Rebate For Homebuyers!

Suffice to say that many homebuyers are confused about the HST rebate that’s available for new homes and condominiums. There are so many questions being asked, and although answers are available, there’s still plenty of confusion around. The worst thing is that an HST rebate could potentially be up to $30,000, depending on the property. […]

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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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A Basic Guide to House Buying Strategies

While having good house buying strategies is key to a successful purchase, quick action is critical in today”s hot real estate market. With so many buyers, and so many multiple offers, a delayed decision could quickly turn into a missed opportunity.

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In Today’s Market- Should You Buy a Condo or a House?

The fact is there’s really no hard and fast answer to the question. Everyone has different needs, different priorities, and different long-term goals. At the same time, doing a prudent assessment will surely help to make better decisions. Indeed, making a pros and cons list will certainly allow for checking and double checking that the […]

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Why Turn Your Newly Purchased Property Into a Rental

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, […]

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Why Build a Brand New Home in Ontario

If you’ve found a vacant property or if you own an old home in an area you love, you may be considering building a new home from the ground up on that property. Building and renovation costs can add up quickly, which may delay construction on your dream home. But with the Ontario New Home […]

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