How HST affects you!

  • The HST is NOT YET IN EFFECT. The HST will come into effect beginning on July 1, 2010; however, note transition rules below.
  • HST will not apply on the purchase price of re-sale homes.
  • HST would apply to services such as moving cost, legal fees, home inspection fees, and REALTORĀ® commissions.
  • HST will apply to the purchase price of newly constructed homes. However, the Province is proposing a rebate so that new homes across all price ranges would receive a 75 per cent rebate of the provincial portion of the single sales tax on the first $400,000. For new homes under $400,000, this would mean, on average, no additional tax amount compared to the current system.
  • Comments:
    No comments

    Post Your Comment:

    * indicates required fields.
    Your Name: *
    Please note, your email will not be shown publicly
    Your Email (will not be published): *
    Comment: *
    Please type the text as it appears above:
      looking at buying
      home
      past client
      Contact Me