HST New Home Buyers Rebate

The HST NEW HOME BUYERS 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.


Also Check Out Our Government Link

Don & Kim -Home Sellers

Oct 13th, 2021

 We were pleasantly surprised by Aaron’s expertise and knowledge . From the initial discussion of selling our home to the final sale and signing of paperwork , Aaron has been with us every step of the way. He answered any questions we had , staged our home superbly and guided us through the offers made and considering our options. We would highly recommend using Aaron Albright as your realtor in selling your home. ~Kim & Don

DMDon and Kim MacNeil

Allan & Lisa-Home Sellers

Aug 27th, 2019

"After interviewing a few other agents, and then sitting with Aaron, we knew he was the one. His knowledge of residential construction and finishing's, along with his confident professionalism, set him apart from the others. After drawing out a sales plan, we executed everything as scheduled and accepted an offer far superseding our expectations, $350,000 over asking!! We highly recommend Aaron when it comes to real estate!"-Allan & Lisa

ALAllan Lalonde

Richard & Linda-Repeat Clients

Aug 27th, 2019

"Aaron has consistently gone above and beyond what was expected, twice now, for my family. Aaron has made excellent sales for two of my family members, each time very quickly and at good prices. He cares about all of the little details and researches the area thoroughly to get the best price for your house. He leaves you in the driver seat but gives the best advice! I highly recommend working with Aaron, if you want to have as painless a sale as possible. Thanks Aaron!"  ~Linda & Richard

RARichard Attenborough

Patrick & Felicia-First-Time Home Buyers

Jan 13th, 2021

Aaron did a wonderful job of making my husband and I feel confident in the purchase of our first home. He was very professional and responsive during the whole process and ensured that we felt comfortable each step of the way. Purchasing a home during a pandemic can be a daunting task but with his vast knowledge and remarkable attention to detail we found a home that suited our needs perfectly. ~Patrick & Felicia

 

FLFelicia Listro

Mandy & Chris-Home Seller & Buyer

Aug 16th, 2020

Aaron was 110% commited to us and the sale and purchase of our home. He was always there to answer any questions we had, took us to multiple showings, and was quick to reply.
We bought our new home at the very beginning of Covid-19 and then the rush was on to sell! During a time where new guidelines were put into place (no open houses, complete sanitation after each showing etc) He worked tirelessly and made it happen! We were able to sell and get the price and closing date we wanted during a very unpredictable time in history. Thank you Aaron for your hard work! ~Mandy & Chris

MAMandy Ackroyd

Web4Realty

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