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Rebate Blog

Why Millennials are Buying Income Properties & Becoming Landlords

Real estate is crazy out there – right from the one bedroom condo that sells for $600 a square foot to the unaffordable starter home that starts at $750,000. And that’s why millennials are becoming landlords – buying an income property and benefiting from the investment and income.

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Large Demand for Student Housing Creates Great Investment Opportunity for Landlords

As university and college enrolment continues to grow across Canada, there’s also an emerging investment opportunity for student housing. Demand for off-campus student housing is clearly outstripping supply. And for landlords, the investment opportunity for student housing presents new horizons. Needless to say, large urban centres will be high demand centres for rental units.

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Do I Qualify For the HST New Housing Rebate?

The Ontario New Home HST Rebate allows home buyers to recover a part of HST that was paid on either a new home or a home that was substantially renovated. The regulations for claiming the HST tax are defined by CRA (Canada Revenue Agency). While not every homebuyer is eligible for the Ontario New Housing […]

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How Much Can You Actually Get With a GST HST New Housing Rebate?

In Ontario, the GST HST New Housing Rebate is claimable for either principal residences or investment properties. Depending on the property (and the specific circumstances) the HST New Housing Rebate could total as much as $30,000. To be eligible, claimants must qualify under either of these conditions: Having purchased a newly built home in the […]

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