THIS REBATE HAS NOW RECEIVED ROYAL ASSENT.
You may be eligible for a new housing rebate for some of the GST/HST paid if you are an individual who:
The FTHB GST/HST rebate is for eligible individuals who are buying, building or substantially renovating their first home.
This first home must be:
Newly built or substantially renovated
For use as the individual's primary place of residence
Depending on the value of the home, the individual could recover up to 100% of the GST (or federal portion of the HST) paid, up to $50,000.
For new homes valued:
At or below $1 million, the rebate is up to 100% (up to a maximum rebate of $50,000)
Between $1 million and $1.5 million, the maximum rebate is gradually reduced
At or above $1.5 million, there is no rebate
Go to this link to receive additional information:
First-time home buyers’ (FTHB) GST/HST rebate - Canada.ca
DID YOU KNOW THAT YOU CAN BE REPRESENTED BY A REALTOR?
Purchasing a new home can be a meaningful and rewarding decision. You are able to visualize your dream home and make it a reality. Like any major purchase, it can also be overwhelming.
Having the expert knowledge and experience of a Realtor who is representing your interests can help ease the stress. Let me act as an intermediary between the seller (the builder) and you, the buyer of the property by representing you and your interests.
Throughout my career, I have assisted many clients through this process. On their behalf, I have negotiated a better bottom line or purchase price with improvements and upgrades to the final purchase agreement.
Let me work on your behalf to get the best deal possible!