Moving Cost

f you’ve just purchased a new home, you may be feeling like your wallet is depleted. Budgeting for a big move can be very tough, and there are several factors to consider that may have been overlooked at first.

Non-Resident Speculation Tax (NSRT)

Non-Resident Speculation Tax (NSRT) The Non‑Resident Speculation Tax (NRST) is a 15 per cent tax on the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe Region (GGH) by individuals who are not citizens or permanent residents of Canada or by foreign corporations (foreign entities) and taxable trustees.

New Home HST Rebate Calculator – Ontario

These rebates only apply to buyers who are purchasing a new house from a builder who has agreed to sell the house to the purchaser with the tax rebate included. If you bought a new home from a builder in Ontario, you might be entitled to claim an HST rebate! Most home builders include this rebate in the purchase price and have you assign the balance back to her/him at the closing of your home.