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3 days ago · However, due to average home costs exceeding the thresholds for eligibility (which were set over three decades ago), the vast majority of homebuyers today see no rebate at all. Under the program ...
4 days ago · For properties priced up to $350,000, including the land cost, the New Housing Rebate covers 30% of the GST paid, effectively reducing the GST from 5% to 3.2%. As home prices surpass $350,000, the rebate amount gradually decreases and becomes unavailable for homes priced above $450,000. It’s important to note that various forms of this rebate ...
4 days ago · Some builders will agree to do this to help offset the costs of buying the home. Protecting your purchase. New homes typically come with builder warranties. A standard warranty for new construction homes comes with one-year coverage on structural elements like siding, flooring, and drywall.
4 days ago · “newly constructed home” means a home in respect of which the purchaser is entitled to a warranty under section 13 of the Ontario New Home Warranties Plan Act and which is sold to the purchaser by a vendor as defined in that Act; (“logement neuf”)
5 days ago · With a home warranty, when a system (heater, air conditioner, hot water heater) or appliance (refrigerator, stove, microwave) break due to normal wear and tear, homeowners are offered budget...
3 days ago · (a) complies with the requirements of the New Home Buyer Protection Act, and (b) will be built by a person that holds the appropriate licence or authorization or is exempt from the requirement for a licence or authorization.
6 days ago · A new 70 000 btu at 96% efficiency has an output of 68 000 btu/hr. The moov-airs have more heating capacity for their rated tonnages and can be staged - have a low and a high, run on low most of the time.
