Jennifer Van Sickle
RE/MAX Escarpment
Languages
- English
Specialties
Buyers, Farm and Land, First Time Buyers, First Time Sellers, Sellers
Locations
Burlington, Oakville
New Housing Rebate for Homebuyers
In Ontario, the sale of newly built homes is subject to GST/HST. This means that anyone in Ontario who purchases a new home from a builder is required to pay HST/GST on their purchase.The GST/HST New Housing Rebate was introduced to help homeowners deal with the cost of buying...
May 04, 2023
In Ontario, the sale of newly built homes is subject to GST/HST. This means that anyone in Ontario who purchases a new home from a builder is required to pay HST/GST on their purchase.
The GST/HST New Housing Rebate was introduced to help homeowners deal with the cost of buying a new home. Provided that a purchaser meets certain criteria, they may be entitled to offset up to $24,000 if they paid the HST on the purchase of the land, and $16,080 if they did not.