Ontario Tax Sale Property Forum

*
Welcome, Guest. Please login or register.

Login with username, password and session length
 

News:

Tax List Property Listings Forum


  • Home
  • Help
  • Search
  • Calendar
  • Login
  • Register
  • Ontario Tax Sale Property Forum »
  • Tax Sale Forum »
  • Questions and Answers »
  • hst on new condo
« previous next »
  • Print
Pages: [1]

Author Topic: hst on new condo  (Read 19771 times)

0 Members and 1 Guest are viewing this topic.

jenn198310

  • Newbie
  • *
  • Posts: 1
  • Karma: 0
    • View Profile
    • Email
hst on new condo
« on: July 07, 2010, 04:52:29 AM »
I am purchasing a condo and i want to know do i pay the full hst or 7%, I was going through the table and it mentions about rebate.
Do i qualify for the rebate the day i do my registry or once i pay the full hst and then i have to wait for get a cheque in mail...
I am confused and please inform me
Logged

Rob

  • Administrator
  • Senior
  • *****
  • Posts: 586
  • Karma: 135
    • View Profile
    • Email
Re: hst on new condo
« Reply #1 on: July 07, 2010, 01:03:41 PM »
The PST on condos applies to new condos or new build homes.  If the purchase price of the condo is below $400,000 than you would pay nothing.  Between $400,000 and $500,000 a sliding scale exists.

But services done for the property will be subject to the PST increase so monthly fees will probably increase to match the new costs over the next year or so.
Logged

  • Print
Pages: [1]
« previous next »
  • Ontario Tax Sale Property Forum »
  • Tax Sale Forum »
  • Questions and Answers »
  • hst on new condo
 

  • Powered by SMF 2.0.19 | SMF © 2006-2009, Simple Machines LLC
  • XHTML
  • RSS
  • WAP2

Page created in 0.061 seconds with 25 queries.