Sara Kareer

Affiliated Real Estate Agent

Millennium Inc., Brokerage*

10-350 Rutherford Rd South

Brampton, ONL6W 3M2

Office: 905-450-8300
Office Fax: 905-450-6736
Telephone: 905-450-8300
Toll Free: 1-888-450-8301
Connected To More
Signed in as . Sign Out.
Subscribe
Viewing All Posts. 2 Posts Found.
Page: 1   Previous | Next

Purchasing Second Homes just got more Expensive with the HST

Secondary homes will bear primary cost of HST   Purchasing a new ski chalet, a new weekend condo, or a new cottage will get a lot more expensive when the Harmonized Sales Tax (HST) comes into effect July 1. Buyers of new homes that do not qualify as a primary residence will bear the full brunt of the 13 per cent HST. The tax will add tens of thousands of dollars to the cost of a ...

Harmonization of Sales Tax (HST)

The Government of Ontario is exploring the possibility of harmonizing the Provincial Sales Tax (PST) with the federal Goods and Services Tax (GST). This "harmonization" will result in an increase in "professional service" costs -- legal fees, real estate commission, home inspections, etc -- resulting in the current GST going from 5% to the proposed HST of 13%.  This could add ...
Subscribe
Viewing All Posts. 2 Posts Found.
Page: 1   Previous | Next