[caption id="attachment_882" align="alignleft" width="300"] (Photo credit: pnwra/Creative Commons)[/caption] If you're looking for a property that strikes a balance between a house and a condo, a townhouse might be the option you're looking for. There are many different types of townhouses available and knowing the difference and which type you want will make a difference in your homebuying experience.Traditional townhouseThe classic townhouse is one that typically has two or three houses lined up next to each other with shared walls. These properties may offer residents their own garage, a backyard and their own entrance. These properties typically have multiple floors and they're considered medium-density buildings. Property maintenance is the responsibility of the owner. Homebuyers have freehold ownership, which means they own both the land and the property on it and they can make any changes they want to it, as long as it complies with municipal, provincial and federal laws.Stacked townhouse As the name suggests, this is when two townhouses are stacked on top of each other. These are becoming a trend in some cities, such as Toronto, since it provides owners a house-like atmosphere with two floors, but also the condominium management style with shared services. Since these townhouses are shorter in height, they can be built out of wood frames, which lowers the cost per square foot for a residence, according to the Toronto Sun. They also don't need amenities such as hallways or lobbies, which means lower maintenance fees for residents.Urban townhouseThis type of townhouse is taking off in Toronto and the GTA. These townhouses are named for its urban neighbourhood location near transit and many amenities within close distance for residents. These types of homes offer more space for those who have lived in condos and residents are surrounded by fewer neighbours. Many of the newer urban townhouse developments are taking inspiration from condos with modern architecture and design elements incorporated into the houses. Some properties also offer parking and private rooftop terraces or outdoor patios. In some cases, these types of townhouses may even be part of a larger condo complex and share its parking and amenities. Before deciding on a property, make sure to properly research its builder. If youâ€™re buying a newly built home, youâ€™ll be eligible for an HST housing rebate. The amount you can claim from the CRA is dependent on the province you reside in. Rebate4U helps you file HST rebates properly and our priority is to provide our clients with the most professional and quality service in obtaining rebates for their new and renovated homes. We are proud to offer our clients the most personal and attentive service, and we make sure that all of our clients are 100% satisfied.

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Renovations

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Tips to Ensure Your Renovation is Substantial Enough for the HST Rebate on New Homes

The Harmonized Sales Tax (HST) Rebate on home renovations is a significant financial incentive for homeowners in Ontario, providing a golden opportunity to recoup a portion of the expenses involved in upgrading and enhancing their living spaces. This rebate is offered via Canada Revenue Agency, and it aims to encourage property owners to invest in their homes, not just for personal satisfaction...

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13 March 2024

How to Claim the HST Rebate on Rental Properties

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Renting

26 February 2024

How to Find a Tenant Ahead of Your HST Rental Rebate Application

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Renovations

10 February 2024

3 Stand-Out Benefits of Applying for HST Rebate on Home Renovations

Home renovations are a great way to revitalize your existing property to transform it into your dream home. Working with the best contractors you can make large-scale upgrade plans that rebuild your home from the ground up. With programs like the New Home HST Rebate in Ontario, the cost of these significant upgrades can be mitigated. By working with the experts at Rebate4U you can assess your...

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Renovations

31 January 2024

Why Turn Repairs into Renovations with the Home Renovation HST Rebate

Whether you’ve recently purchased a new home that needs a lot of work or are ready to upgrade your existing home, renovations and remodels can rack up quite the bill. But for homeowners in Ontario, the HST rebate on home renovations is a viable option that can help you get more return from your investment. Read on for more information!

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HST housing rebate

18 January 2024

Which Part of Your Home Renovations Are Subject to HST in Ontario?

Like with the transaction of any good or service in the province, there is a 13% tax (Harmonized Sales Tax) added to every purchase, including the sale properties. When buying a home, this tax can add up to a substantial amount. In Ontario, the HST Rebate program is offered to residential property buyers as a way to offset the cost of new home purchases.

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Condos

15 December 2023

What to Do When You're Not Ready to Move Into Your New Condo

If you’ve bought a new condo and want more insight into your rebate options, from the HST Rebate on new homes to the New Residential Rental Property Rebate, contact the experts at Rebate4U for more insight and personal guidance.

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Newly built homes

27 November 2023

So You Built a New Home, Now What?

If you’ve recently finished building your new property in the last two years, you may be eligible for money back with the HST rebate in Ontario. The program allows homeowners to recover a portion of their HST spent on construction.

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Rebate Blog

17 October 2023

Signs You'll Benefit from the HST Rebate in Ontario

The HST Rebate in Ontario is a valuable and beneficial program available to homeowners in Ontario. Unfortunately, many new home buyers or even long-time homeowners are unaware of the program’s existence or their eligibility. The new home HST Rebate can be nuanced, but with the guidance of an experienced, trusted, and knowledgeable professional like the team at Rebate4U,...

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29 September 2023

Benefits of Renting Your Newly Purchased Home

It’s not uncommon for property owners to purchase a new home or condo with the intention of making it their primary residence but then later change their minds to use the newly acquired or built property as a rental unit. Whether you build the home from the ground up or determine that you no longer want to use a newly purchased property from the builder as a home for yourself, there are...

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