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Main-floor interior of Ontario pre-construction home

How Rebates Work With Pre-Construction Homes

  • Published by admin
  • on September 2, 2021
Did you know that if you buy a newly constructed home from a builder and use it as your (or a family member’s) primary residence, you will receive a GST/HST rebate in Ontario? Unlike when you purchase a new residential rental property or undergo substantial renovations and have to…
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New CMHC regulations make mortgage tall curvaceous condominiums in Mississauga, Ontario

CRA Denying Principal Residence Exemption for Pre-Construction

  • Published by admin
  • on August 4, 2020
The Canada Revenue Agency (CRA) audit divisions have been targeting home sales in the GTA of what they deem to be a quick resale of a newly purchased pre-construction condos. If you resell within 6 to 8 months of getting title, you could face a reassessment for taxation on…
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Welcome to Sproule + Associates in Oakville where we’ve been assisting Canadian homeowners and real estate investors with their rebate needs for over 15 years now. We’ve helped put millions of much-deserved dollars back in people’s pockets and look forward to doing all the work for you next.

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Welcome to Sproule + Associates in Oakville where we’ve been assisting Canadian homeowners and real estate investors with their rebate needs for over 15 years now. We’ve helped put millions of much-deserved dollars back in people’s pockets and look forward to doing all the work for you next.

USEFUL LINKS

RECENT POSTS

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