HST Rebates on New Homes in Ontario
HST applies to new homes, and federal and Ontario rebates can reduce it for eligible buyers. Rules change, so confirm current eligibility before signing.
How it usually works
Most new-home prices are quoted with HST included and the rebate assigned to the builder. That means the rebate is credited in the price rather than paid to you later.
Eligibility
Rebates generally require that the home be your or a relative's primary residence, with amounts and thresholds set by government. Recent federal and provincial measures expanded relief for first-time buyers.
Questions to ask
Ask whether the price includes HST net of rebates, what happens if you do not qualify, and whether an investor purchase changes the price.