New Home HST Rebate

How To Save With HST And Your New Home Purchase

The New Home HST Rebate program will help you to claim a rebate on part of the taxes from the purchase of your brand new home construction or cost of building the new property.  You are also eligible to 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 HST whereas the purchase price of newly constructed homes are subject to HST.

Federal HST Rebate 

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

Provincial HST Rebate

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.

New Home HST Rebate Eligibility

• purchased new housing or constructed or renovated housing
• purchased shares in a co-operative housing for the purpose of using the unit as a primary place of residence
• constructed or renovated your own home, or hired someone else to construct or renovate your home
  
  

How Much You Can Save With HST Refunds?