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Know about the HST New Housing Rebate in Ontario

The HST New Housing Rebate Ontario 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, 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 is exempted from the HST whereas the purchase price of newly constructed homes is 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 under the HST new housing rebate Ontario program.

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.