GST/HST Housing Rebate Toronto | Scarborough

Get Back What You’re Entitled To on Your New Home or Rental Property Purchase

Did you recently purchase a newly built home, substantially renovated a property, or constructed a rental property? If so, you may be eligible for a GST/HST housing rebate that can return thousands of dollars to your pocket. However, the application process is strict, document-heavy, and time-sensitive—and mistakes can cost you the full refund.

Tax accountants Scarborough at MAQ CPA accounting firm help individual homebuyers, real estate investors, builders, and landlords across Ontario file complete, accurate GST/HST rebate claims with the Canada Revenue Agency (CRA) and maximize what you’re entitled to.

What Is the GST/HST Housing Rebate?

The GST/HST New Housing Rebate allows individuals to recover a portion of the GST or the federal part of the HST paid on:

  • A newly constructed or substantially renovated home used as a primary residence
  • The land and construction costs for owner-built homes
  • A newly built rental property used for long-term residential rental purposes

There are two main types of rebates:

  1. GST/HST New Housing Rebate – for individuals who buy or build a new home for personal use
  2. GST/HST New Residential Rental Property Rebate (NRRP) – for individuals or corporations buying newly built homes to rent out long-term

Source: CRA – GST/HST New Housing Rebate

Our GST/HST Housing Rebate Services

We handle the rebate process, including:

  • Assessing your eligibility for the housing or rental rebate
  • Determining federal vs. provincial rebate amounts
  • Preparing and filing Federal and Ontario forms
  • Supporting documentation review (purchase agreement, statement of adjustments, occupancy, etc.)
  • Assistance for CRA’s for post-filing inquiries or audits

Rebate Deadlines, Conditions & Penalties

🔹 Filing Deadline:

  • New Housing Rebate: Must be filed within 2 years after the closing date or possession date.
  • Rental Property Rebate: Must be filed within 2 years after the purchase closes or construction is completed.

🔹 Rebate Amount:

  • Up to 36% of the federal GST (or federal part of HST) on the first $350,000 of the home price.
  • Rebates phase out between $350,000 and $450,000.
  • Ontario HST rebate of up to 75% of the provincial portion, to a max of $24,000.

🔹 Penalties or Denial of Claim:

  • Late or incomplete filings can result in a denied rebate.
  • CRA may audit and reassess HST if property is not used as claimed (e.g., flipped or rented short-term).
  • Misuse or errors can lead to repayment with interest and penalties.

Source: CRA – GST/HST Rental Property Rebate Guide

Why Choose Us for GST/HST Housing Rebate Filing?

✅ Experience with CRA rebate criteria and forms

✅ Accurate filings

✅ Maximize rebate amounts by avoiding common errors

✅ CRA correspondence and audit support, if asked for

Frequently Asked Questions (FAQs)

1. Do I qualify for the GST/HST New Housing Rebate?

If you bought a new or substantially renovated home as your primary place of residence, you may qualify. We’ll assess all eligibility criteria to confirm.

2. Can I claim the rebate on a rental property?

Yes, if you purchase a newly built or substantially renovated property for long-term residential rental, you may qualify under the New Residential Rental Property Rebate.

3. What documents do I need to claim the rebate?

Typical documents include the purchase and sale agreement, statement of adjustments, occupancy permit, and proof of residential use.

4. How much will I get back from the rebate?

Rebates vary but can be up to $6,300 federally and $24,000 provincially in Ontario. We’ll calculate your maximum refund based on home price and usage.

5. What happens if I sell the home shortly after buying it?

Selling or renting the property shortly after closing may trigger a reassessment, and CRA could claw back the rebate.

Speak to a Tax Accountant Toronto Today

Don’t leave thousands on the table or risk a denied claim. Let our experienced Toronto CPA team handle your rebate filing professionally and correctly.

Book a Free Consultation – Schedule Here

📧 Email us: info@maqcpa.ca
📞 Call us: (416) 901-4126