Provincial new residential rental property rebate for Ontario

Eligibility information

An Ontario new residential rental property rebate may be available for a qualifying residential rental property in Ontario to:

• landlords who purchase newly constructed or substantially renovated residential rental properties and pay the HST;
• landlords who build their own residential rental properties and are required to account for the HST under the self-supply rules;
• builders who had to account for the HST under the self-supply rules because the builder sold a residential unit to an individual and leased the related land to that individual under a single written agreement (only available where the individual is entitled to claim the Ontario new housing rebate); and
• persons who had to account for the HST under the self-supply or change-in-use rules because the person made an exempt lease of land used for residential purposes (such as the rental of a residential lot or a site in a residential trailer park).

You are entitled to claim both an Ontario new residential rental property rebate and a federal new residential rental property rebate if all of the conditions for claiming each rebate are met. The conditions for claiming the Ontario new residential rental property rebate are similar to the conditions for the federal new residential rental property rebate, with the exception of the maximum threshold amount.

A builder is not able to pay or credit to a purchaser/landlord the amount of the Ontario new residential rental property rebate.

Public service bodies

An Ontario new residential rental property rebate may also be available to public service bodies that are builders or purchasers of newly constructed or substantially renovated residential rental housing. However, if the Ontario public service body rebate is available, the public service body will generally claim the Ontario public service body rebate, since it has the higher rebate amount.

Application

To apply for this rebate, use Form RC7524-ON, GST524 Ontario Rebate Schedule.

Forms and publications

GST/HST Info Sheet GI-093, Harmonized Sales Tax: Ontario New Residential Rental Property Rebate
Guide RC4231, GST/HST New Residential Rental Property Rebate
Form RC7524-ON, GST524 Ontario Rebate Schedule

Date modified:

2014-11-07