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HST New Housing Rebate – What New Home Builders Should Know
Most agreements of purchase and sale for newly built homes in Ontario are premised on buyers qualifying for the HST New Housing Rebate and assigning it to the builder. In exchange, the builder credits the buyer with the amount of...
New Build Condo Closing Costs: Tarion And Utilities
For our final post in our series on closing costs for new build condos, we will take a look at more complex costs that are payable upon closing. In previous weeks, we looked at the down payment and legal fees,...
New Build Condo Closing Costs: Don’t Forget The Taxes
One way to help facilitate a smooth closing after you have purchased a condo is to budget for the closing costs. Every closing has specific expenses that relate to the purchase of the property, including applicable taxes and legal fees....
New Build Condo Closing Costs: Legal Fees And Status Certificates
When you first purchase a new build home, it can be both an exciting and confusing time. For condominiums, it can be even more so, especially when it comes to closing costs. There are several different fees and expenses to...