When you buy a newly constructed home, condominium or town home, the entire purchase price including land is taxable. If the property is to be rented to tenants, the full GST is charged on the purchase price.
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HomeLife/Landmark Realty Inc., Brokerage
75 The Donway West, Suite 708, Toronto, ON M3C 2E9
Phone: 416-386-1200 Fax: 416-386-1500
Hours of Operation: Mon-Fri 9-9, Sat 9-4, Sun 10-4