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HST Information

If you’re wondering if HST is applicable when buying a Home, please give us a call.

HST Housing rebates

Generally speaking, sales of new homes are subject to HST; however, you may qualify for a rebate for some of the tax you paid if you meet certain requirements.

Learn more about the GST/HST housing rebates that may be available to you.

Now for Resale Homes, generally speaking they are not subject to HST, but may under certain circumstances it could be. To be safe, it is always best to ask your account to double check.

Land registration

Before the sale closes, you’re required to pay to register your property’s title under your name. This may be called a “land transfer tax,” a “deed registration fee,” a “tariff” or a “property purchases tax.”

The cost is a percentage of the home’s purchase price; for example, if your land transfer tax is 1.5% and your home cost $300,000, you’ll pay $4,500.

 

 

 

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    Greg Syrota*

     Office: 705-444-1420 x 245
    Direct: 705-446-8082
    EMAIL GREG

    Melanie Moss**

     Office: 705-444-1420 x 230
    Direct: 705-888-1578
    EMAIL MELANIE

    Katia Abaimova*

     Office: 705-444-1420 x 231
    Direct: 705-888-8979
    EMAIL KATIA

    Dan Halos**

     Office: 705-444-1420 x 250
    Direct: 705-441-1966
    EMAIL DAN

    *Broker **Sales Representative

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