menu

Vancouver introduces new rules to preserve old homes

Date Posted
20 November 2014
[caption id="attachment_821" align="alignleft" width="300"] (Photo credit: tuchodi/Flickr)[/caption] With many of Vancouver's houses selling for $1 million and upward, it's no wonder that current homeowners are doing what they can to raise the value of their homes and land. One common tactic for homeowners is to demolish their current property and rebuild a new one in its place. The city is unable to keep up with the deluge of applications to demolish single-property houses with 250 applications for new homes in June, according to the Globe and Mail. There are about 1,000 demolition permits given out each year, according to the Globe. Houses built before 1940 accounted for 40 per cent of those demolished since 2008 and within the last five years, the majority of them have disappeared from west Vancouver, says the Globe.Knocking down and rebuilding your home is no inexpensive feat, but for many property owners it allows them to tap into their property's value. Recently, the city passed a policy that they hope will slow down heritage home demolitions. If a homeowner's property is deemed a character house from the 1940s, 90 per cent of the material must be recycled, says the Globe. Also, homeowners who keep the home's original look will be allowed extra floor space aka incentive to add a new addition to the property instead. This is meant to be a temporary measure while the city re-examines its heritage policies. But with the recent change, some homeowners of character homes faced a rude surprise. They discovered that their property's value dropped by about $500,000 thanks to the restrictions placed on it, according to the Vancouver Sun. Character homes are determined by aspects such as the materials used in the exterior walls, the front porch and the roof's form, says the Sun. This policy was implemented after tensions arose between neighbours over demolitions. One owner in West Vancouver demolished the previous property and started building a giant 16,000 square foot home. His neighbours filed a claim over alleged safety concerns, according to the Globe and Mail. Unfortunately, homeowners in Vancouver can no longer apply for the HST housing rebate since it was cancelled by the BC government, but if you completed major renovations between July 2012 and April 2013, you can still apply. There are also additional rebate and credit renovation programs you might qualify for.Rebate4U helps clients file for an HST housing rebate, so they can receive the maximum benefit without the worry about an incorrect claim. Our priority is to provide our clients with the most professional and quality service in obtaining rebates for their new and renovated homes. We are proud to offer our clients the most personal and attentive service, and we make sure that all of our clients are 100% satisfied.

Contact Us

Rebate Calculator

Please enter the total value of your renovation including tax.

Total construction cost
(including taxes)
$
Search Our Blogs

More of our Blogs

25 October 2024

Can You Apply for the HST Rebate More Than Once?

Those who’ve already applied in the past once may be considering applying again with a new home. If you want to apply again for the HST Rebate on New Homes, here’s what you should know.

View Full Post
17 October 2024

How the HST Rebate Can Make Your Renovations More Affordable

Renovating a home is an exciting yet expensive endeavour. Whether you're adding a new room, upgrading your kitchen, or modernizing your home's exterior, costs can quickly add up. Fortunately, if you're planning renovations or have recently purchased a new home, there's a financial break available that many people overlook—the HST rebate. The HST Rebate in Ontario can...

View Full Post
30 September 2024

Signs You've Made a Mistake on Your New Condo HST Rebate Application

Read on to learn the signs you've made a mistake on your new condo HST rebate application!

View Full Post
13 September 2024

Benefits of Tearing Your Home Down to Its Studs

Renovating your home by tearing it down to the studs can seem like an extreme measure, but it's often the most effective way to transform your living space. This process involves stripping a house down to its basic framework and rebuilding it with modern materials, updated systems, and improved layouts. Whether you're fixing structural issues or reimagining your home, going down to the...

View Full Post
29 August 2024

Why Apply for the HST Rebate If You're Renting Your New Property for the Academic Year

If you’ve recently purchased a new condo or home, and do not anticipate occupying it immediately as your primary residence, then it can be financially beneficial to consider renting it to a student if you’re located near a post-secondary institution, as you may be able to apply for the New Residential Rental Property Rebate. As part of the HST Rebate in Ontario, the NRRPR allows...

View Full Post
15 August 2024

How to Get Money Back on Your Summer Home Rebuild

Many new and existing homeowners in Ontario take the warm summer months to complete their summer construction projects. If you’ve been working on a significant home renovation or building a brand new home from the ground up, then you could be eligible for the HST Rebate in Ontario. The popular rebate program is offered to residential home buyers and is meant to help homeowners save on the...

View Full Post
25 July 2024

Can Rental Properties Qualify for the HST Rebate in Ontario

Homeowners have allways had great opportunities to benefit from HST rebates in Ontario. However, now renters have similar opportunities, if you meet the eligibility criteria. Contact Rebate4U for more!

View Full Post
17 July 2024

How to Get Money Back from Your Home Construction with the HST Rebate in Ontario

Opting to build your own home from scratch has numerous benefits including the fact that you can obtain an HST Rebate. Contact Rebate4U for a free consultation!

View Full Post
21 June 2024

Benefits of Building Your Home with the HST Rebate in Ontario

Buying a new home in Ontario is a significant investment and a challenging process in the region’s competitive real estate market. As a result, many prospective home buyers look to buying land or properties that need large-scale renovations instead of buying directly from a builder or a ready-to-live-in, listed property. Understanding the financial benefits of building your own home with the...

View Full Post
11 June 2024

Frequently Asked Questions About the HST Rebate in Ontario in 2024

The new housing rebate is a fruitful opportunity for residential property owners and buyers across Ontario who fit the eligibility criteria. The HST Rebate in Ontario is applied to newly built or renovated homes and when applicable, can result in tens of thousands of dollars back into the pocket of the home buyers. When approaching the application process for the HST rebate on new homes or newly...

View Full Post
Homeowners, obtain an HST rebate of up to $30,000 today!
get started

Why Choose Rebate4U?

Experienced Specialists

For over 10 years, the Rebate4U team has the knowledge and expertise to help residential property owners throughout Ontario successfully apply for regional HST Rebate programs.

Free Consultations

Our specialists offer complimentary consultations where we review your eligibility to determine whether you qualify for an Ontario HST Rebate so you can proceed with your application confidently.

Millions Awarded

We are able to expertly navigate rebate opportunities, staying up-to-date on the most recent rebate developments and changes in the HST Rebate program to maximize returns. To date, we’ve successfully acquired millions of dollars for clients in total.

Customer Commitment

The Rebate4U team is dedicated to delivering the highest level of customer service, we are here to answer your questions and help you navigate the intracises of your application easily and efficiently.

Cashing-In on the HST Rebate is as Easy as 1-2-3
Contact REBATE4U

Set up a quick, free consultation with the Rebate4U team to explore your HST Rebate options.

COLLECT DOCUMENTS

Submit your required documents to Rebate4U, and we'll handle your application.

GET YOUR Money BACK

Apply for the rebate and receive thousands in rebates in just weeks with Rebate4U.

FIND OUT IF YOU QUALIFY

We are proud to be working with top Canadian companies

Recent Posts view all posts

Can You Apply for the HST Rebate More Than Once?

Those who’ve already applied in the past once may be considering applying again with a new home. If you want to apply again for the HST Rebate on New Homes, here’s what you should know.

Read More

How the HST Rebate Can Make Your Renovations More Affordable

Renovating a home is an exciting yet expensive endeavour. Whether you're adding a new room, upgrading your kitchen, or modernizing your home's exterior, costs can quickly add up. Fortunately, if you're planning renovations or have recently purchased a new home, the...

Read More
We Are Based

Rebate4U
101-3185 Bathurst St
Toronto ON
M6A 2B2

1-800-610-4510
info@rebate4u.ca

Connect With Us
Error...

Please, enter a valid value

We are sorry...

But the values you entered are invalid

Rebate

In celebration of our 3 year anniversary at Rebate4u Inc, we have decided to reduce our fee structure for all new home and renovation rebates including the New housing rental rebate.  

Don't waste your time looking for anyone else to take care of this because we will not be under sold.
Please fill out the form below or call us at 1-800-610-4510

Please, enter a valid value