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What to Look for When Buying a New Condo in Canada

It’s no secret that the condo market is booming in Canada. An aging population and increasingly larger influxes of people into major urban centres like Toronto, Vancouver, and Montreal have created huge demand for new condo developments. In fact, Toronto has been dominating the North American high-rise construction market for the past several years, with […]

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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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