Calculate federal and provincial sales tax rebates on newly built or substantially renovated homes in Ontario and Canada.
Total Estimated New Housing Rebate
￥27,150
Federal Portion: ￥3,150 | Provincial Portion: ￥24,000
Federal GST Rebate
￥3,150
Phases out above $350k
Ontario Provincial Rebate
￥24,000
Up to $24,000 max
Federal Rebate = min(Price × 5% × 36%, $6,300) [Phases out $350k-$450k] + Ontario Rebate = min(Price × 8% × 75%, $24,000)Calculates federal and provincial sales tax rebates available on newly constructed Canadian residential homes.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CRA tax brackets, provincial taxes, Bank of Canada rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a qualified financial advisor or CPA prior to executing financial commitments.