You Substantially Renovated Housing or Had Substantial Renovations Done
For you to be entitled to a rebate (partial refund) if you substantially renovated housing or had substantial renovations done, all the following conditions must be met:
- The housing is a single-unit residential complex (including a duplex) or a residential unit held in co-ownership.
- You or one of your relations was the first to occupy the premises after the renovations had begun.
- The housing is being renovated to serve as your or a relation's primary place of residence.
- For the GST rebate, when the renovation was substantially (90% or more) completed, the fair market value of the property was $450,000 or less.
- For the QST rebate, when the renovation was substantially (90% or more) completed, the fair market value of the property was:
- $300,000 or less, if the renovation contract was entered into after December 31, 2010
- $300,000 or less, if you are an individual, you carried out the substantial renovations yourself and the building permit was issued after December 31, 2010
- $225,000 or less, in other cases
If you occupied the premises during the renovations, you are not entitled to a rebate with respect to expenses incurred more than two years after the day on which you or one of your relations first occupied the premises after the work had begun.
For examples of renovation work considered to be substantial, refer to technical interpretation bulletin B-092, Substantial Renovations and the GST/HST New Housing Rebate, which is available on the Government of Canada website.
The rebate application deadline depends on your situation. You must file your application no later than two years after the earliest of the following dates:
- the date on which the renovations were substantially (90% or more) completed
- the date on which ownership of the property was transferred to another person (ownership must have been transferred before the property was occupied)
- two years after the date on which you or one of your relations began using the premises as a primary place of residence after the renovations had begun
Under certain exceptional circumstances, your application may be accepted after the filing deadline. However, a letter explaining why the application was not filed by the deadline must be enclosed with the application.
Only one rebate application may be submitted for each residential complex. To apply for a rebate, send us a completed copy of form FP-2190.P-V, GST-QST New Housing Rebate Application: Owner of a New or Substantially Modified Home.
The maximum rebate you could receive corresponds to approximately 36% of the GST paid, but cannot exceed $6,300. The rebate is:
- progressively reduced where the purchase price or fair market value of the new or substantially renovated housing and the land is greater than $350,000, but less than $450,000
- zero where the purchase price or fair market value is $450,000 or more
If you are an individual and you carried out substantial renovations yourself, the maximum rebate varies according to the date on which the written renovation contract was entered into or the date on which the building permit was issued. For the maximum rebate amounts, refer to the version of form FP-2190.P-V that corresponds to your situation.