carturo15
Active Member
When you buy a new condo from the builder and you move in to the new property you are eligible to apply for GST rebate, which is 36% of the GST amount. Normally this rebate is already included in the purchase price, but you have to fill out the application at the time of closing. My question is, if you want to sell the property, is there any minimun period of time required to live in the unit, I mean do you have to live in the unit for some months before you can sell the property? if so, do you know how long?. I have checked Canada Revenue website but they do not say anything about it.