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MissEgoGrande

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I purchased my condo in March 2009 and the closing is expected to happen in October 2010. The price is less than $350K.

Does anyone know how much more it will cost me to close the condo and what is the calculation of the HST payable?

I have heard of the HST rebate - does anyone know how that works?

Thank you
 
I purchased my condo in March 2009 and the closing is expected to happen in October 2010. The price is less than $350K.

Does anyone know how much more it will cost me to close the condo and what is the calculation of the HST payable?

I have heard of the HST rebate - does anyone know how that works?

Thank you

Your lawyer should be able to tell you (but his/her bill will have HST after July 1) but why not look at Ontario site on HST? See in particular http://www.rev.gov.on.ca/en/notices/hst/04.html
 

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