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Why Build a Brand New Home in Ontario

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 HST Rebate program, you can actually get some of the money you spend on construction back from the government with help from the Rebate4U team. We have over a decade of experience helping homeowners across Ontario successfully apply for the HST Rebate on home renovations and newly built homes.

If you are on the fence about building a brand new home from the ground up, here are some reasons why you should see it through.

Save On Costs with Ontario HST Rebate

Ontario new home HST rebateWhen you self-contract the construction of a new house or plan a major renovation of your existing home that consists of tearing the property down its studs and rebuilding it, you may qualify for the Ontario New Home HST Rebate. The program is offered through Canada Revenue Agency and aims to give homeowners back a portion of the amount spent on HST or Harmonized Sales Tax. In Ontario, HST is 13% which can amount to tens of thousands of dollars in some cases.

Control Over Your Home Layout

When you custom-build a new home, you get to choose the layout and tailor it to your lifestyle. Whether you need a new wing for a growing family or a larger kitchen for entertaining, a significant addition can be incorporated into your plans. When planning an addition to your property, be sure to retain all blueprints and invoices to apply for the HST rebate on home renovations. For renovations and additions to your property to be considered for an Ontario HST Rebate, the construction must account for approximately 90% of the property and serve as your primary residence. To determine whether your newly built home or construction satisfies the eligibility requirements set out by Canada Revenue Agency, set up an appointment with the Rebate4U team.

Modernize Your Property

Regardless of whether you’re tearing down an existing building or starting from scratch, building and designing your own home allows you to bring the technology that brings your house into the 21st Century. Many aged properties in Ontario succumb to time with attic insulation, roofing, and other building materials in a deteriorating state. When you construct your own home, everything you use is new, strong, and engineered for better performance. With savings from the Ontario New Home HST rebate, you can budget for high-quality materials and resources that give you the best output over the years.

Applying for the HST Rebate on Home Renovations & Newly Built Homes

When you have a vision, don’t wait on it. Start working on your dream home today and set up an appointment with Rebate4U to determine if your property will qualify for money back through the Ontario HST Rebate program.

Contact us today.

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