New Home HST Rebate Ontario

The New Home HST Rebate in Ontario application must be filed within two years of a new home closing date or the completion of the renovation. NRRP rebates and new home HST rebates are typically received from the Canada Revenue Agency (CRA) within two months. The CRA may delay or deny the application if the requested documents are not submitted with your application, the application form is not properly completed, or the rebate calculation is incorrect. With over 9 years of experience, our team can assist you in understanding whether you are eligible for a refund. If you have already completed the purchase, we can still assist you in filling out the necessary forms.

What Qualifies As A Home For the New Housing Rebate?

The New Home HST rebate in Ontario is only applicable to certain types of housing. Primarily a newly built home. For the purposes of clarifying who qualifies for the new housing rebate and who does not, a house is defined as any of the following:

In limited circumstances, a recreational unit affixed to land and modified to incorporate the characteristics of a home may qualify as well.

Who Are the Rebates For New Housing Available To?

The New Home Rebate in Ontario is strictly available to individuals who have recently purchased a home from a builder and who are using it as their primary place of residence. These individuals would have paid GST/HST on this new or substantially renovated home. A portion of this is recoverable, assuming the individual meets all other conditions.

Does A Home Built By the Owner Qualify for the New Home Rebate?

In some cases, a home built by the owner may qualify for the new housing HST rebate. This assumes your home was built on land you already own or has undergone a substantial renovation. To be considered a ‘substantial renovation’, this means at least 90% of the interior removed or replaced. You may also qualify if you have built a major addition to your home, i.e. a second story, or if you have converted a non-residential property into your house through renovations.

I Bought A House From A Builder. Do I Qualify For the New Home Rebate?

You may qualify for the HST rebate if you have purchased a new home from a builder. The home, however, must be either new or having been substantially renovated.

How the New Home Rebate Works in Ontario?

In Ontario, the new home rebate applies to the HST paid in buying, building, or substantially renovating a house. You may be entitled to claim a portion of the provincial part of the HST that you paid. If it is an owner-built house or purchased from a builder, what you can claim as your rebate is capped at a maximum of $24,000.

What Other New Housing Rebates Exist?

The New Home HST rebate targets housing used as a primary place of residence by the owner. Unfortunately, if you are renting out your property, you will not qualify for this rebate. However, you may qualify for the GST/HST New Residential Rental Property Rebate which is somewhat similar.

What Other Conditions Must Be Fulfilled to Qualify for Owner-Built Houses?

In Ontario, for an owner-built house, you must have built it yourself or engaged someone to build it on your behalf. You must be the first person to occupy the house since the construction or substantial renovation. You also must have paid the HST on the purchase of the land on which the house is situated. If you paid HST on the purchase of the land, you may qualify for a maximum of $24,000 in rebate.

What Other Conditions Must Be Fulfilled to Qualify for Houses Purchased From A Builder?

Much like if it was an owner-built house, you may qualify for the new housing rebate for houses purchased from a builder if you paid GST/HST on the property and fulfilled the other conditions mentioned. The maximum Ontario new housing rebate amount for a house purchased from a builder is $24,000.