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FAQs

When are homebuyers eligible for the HST rebate?

The HST New Housing Rebate is limited to owner occupants of a new home or new condominium and the HST New Residential Rental Property Rebate is available to those buying a new home or new condominium as an investment. Not everyone buying a new home or new condominium with owner-occupancy in mind for themselves (or a relation) will qualify for the Federal and Ontario rebates. If an individual buys a brand-new cottage, ski chalet, vacation condominium or recreational property and he or she already owns a primary place of residence elsewhere, the 13% HST will be payable on the full purchase price of the second property with no rebates.

© 2015 Lawrence, Lawrence, Stevenson LLP

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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