Buying your dream home or condo can sometimes be financially stressful but here are our Top 28 Grants and Rebates to save you some money and help make buying  your dream home much more relaxing and enjoyable.
Top 28 Grants and Rebates for Homebuyers:
1) Home Buyers’ Plan
Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment.  Home buyers who have repaid their RRSP may be eligible to use the program a second time.
Canada Revenue Agency www.cra.gc.ca
Enter ‘Home Buyers’ Plan’ in the search box.
1.800.959.8287
2) GST Rebate on New Homes
New home buyers can apply for a rebate of the federal portion of the HST (the 5% GST) if the purchase price is less than $350,000. The rebate is up to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000.
Canada Revenue Agency www.cra.gc.ca
Enter ‘RC4028’ in the search box.
1.800.959.8287
3) BC New Housing Rebate (HST)
Buyers of new or substantially renovated homes priced up to $850,000 are eligible for a provincial enhanced New Housing rebate of 71.43% of the provincial portions (7%) of the 12% HST paid to a maximum rebate of $42,500. Home priced at $850,000+ are eligible for a flat rebate of $42,500.
www.hstinbc.ca
1.800.959.8287
4) BC New Housing Rebate (HST) for Secondary Vacation or Recreational Homes
Buyers of new or substantially renovated secondary or recreational homes outside the Greater Vancouver and Capital Regional Districts priced up to $850,000 are eligible for a provincial enhanced New Housing Rebate of 71.43% of the provincial portions (7%) of the 12% HST paid to a maximum rebate of $42,500. Home priced at $850,000+ are eligible for a flat rebate of $42,500.
www.hstinbc.ca
1.800.959.8287
5) BC New Rental Housing Rebate (HST)
Landlords buying new or substantially renovated homes are eligible for a rebate of 71.43% of the provincial portion of the HST, up to $42,500.
www.hstinbc.ca
1.800.959.8287
Check out the full List:
Top 28 Grants