I'm wondering what the rules are regarding HST and a purchase of a condominium.

  1. When buying a new construction condominium, would I need to pay HST?
  2. What about for existing (re-sale) condo's?

I've heard new constructions below a certain value are exempt from HST... but its conflicting information so far.


Part 2 first: resale is exempt 31. Will there be HST on the purchase of new homes and resale homes?

The new homes is a little messier Rebate Description goes into some detail. Effectively if the home is $400,000 or less, then a government rebate should offset the HST, to effectively be back to where you would have been with the old RST (Retail Sales Tax).

Excruciating details are Here

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