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.

Danny Has a sincere passion for sales and marketing, which is what drew him to Real estate sales. He joined the Gurfinkel Team at Re/Max Realtron Realty in 2010 and brings with him an incredible amount of business experience and knowledge of the market. He is a family man at heart. Danny spends his free time with his wife and two sons. Danny fully understands and appreciates how important customer service is, especially in the real estate industry. He strives to provide high-quality customer service, along with new and innovating marketing concepts, allowing our client's realty dreams become reality.

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