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Sean Dinner

The HST New Housing Rebate program allows you to claim a rebate on part of the HST you pay on the purchase price of either a newly constructed home or cost of building the home. You can claim a rebate on a newly renovated home, a purchase of a new mobile home, or when your home is destroyed in a fire and is subsequently rebuilt.

The purchase price of resale homes are exempted from the HST whereas the purchase price of newly constructed homes are subject to HST.

New home buyers can apply for a 36% rebate on the federal portion of the HST of the purchase price to a maximum of $6,300 for homes costing $350,000 or less. For new homes priced at $350,000 to $450,000 the rebate will be reduced proportionately. Homes priced over $450,000 would not receive a rebate on the federal portion of the HST.

For the provincial portion of the HST, new home buyers can apply for a 75% rebate applicable to the purchase price to a maximum of $24,000.

Sean Dinner of the Getting You Home Team serves these areas and many more: Burlington, Oakville, Etobicoke, Caledon, Mississauga – Streetsville, Lorne Park, Meadowvale, Churchill Meadows, Lisgar, Erin Mills, City Centre, Hurontario. The opinions expressed are those of a real estate sales representative. Sean Dinner makes every effort to ensure accurate information, however, Sean Dinner is not liable for the use or misuse of the site's information.