When you buy a newly constructed home, condominium or town home, the entire purchase price including land is taxable. If the property is to be rented to tenants, the full 5% HST is charged on the purchase price.
Note: As of January 1, 2008 the HST will be lowered to 5%.
Please complete the form below to have the report HST and Your New Home sent or delivered to you immediately.
We only collect personal information necessary to effectively market and sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We do not sell, trade, transfer, rent or exchange your personal information with anyone.
REPORT: HST and Your New Home