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Rebate Blog

Many Realtors are Predicting a Leveling Out of the Housing Market

Many realtors are predicting that Canada’s real estate boom will be slowing down in 2017, with predictions that the New Year will bring with it modest sales gains compared to years gone by.  Even the Canadian Real Estate Association forecasts 2017 as the year when the home market will level off. And while Toronto and […]

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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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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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How Do I Get the HST Back on My New Home?

The New Home HST Rebate allows a homeowner to recover a certain portion of HST that was paid on a newly built home or on a substantially renovated home. It is sometimes referred to as the Ontario New Housing Rebate and only applies to the primary residence of the owner. When a homeowner applies for […]

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