HST New Housing Rebate
Did you know that this New Home HST Rebate could quite easily add up to $30,000. Ontario’s New Home HST Rebate is available for principal residences and a variety of other conditions. This rebate applies to:- those who have purchased a newly built home or condo during the past two years
- those who have hired a contractor to build a house on the land an individual leases or owns
- those who purchased shares in a CO-OP housing complex that is a primary residence for themself or close relatives.
For the Ontario HST new housing rebate, you must be eligible under provisions defined by the Government of Canada. There are a number of categories for reclaiming some of the HST paid.