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Please visit our Open House at 11 4045 Rainbow ST in VICTORIA.
Open House on Sunday, February 19, 2012 13:00 - 16:00 **Open house is in Show Suite #3. Rainbow Hill is a community of 20 prestigious view Town homes.
** SHOW HOME OPEN SAT/SUN 1-4pm ** You have worked hard to get to the top, now you can live there! On one of the highest points in the city, Rainbow Hill is a community of 20 prestigious view homes created beyond expectations. Gaze through your 12 foot floor to ceiling windows and take in the panoramic city, mountain, and sunset views. Relax inside your modern town home with Geo-thermal heating and cooling, entertain in your custom Nygaard interior, or just relax on your view deck and take it all in. With spacious, no-step, main level living, plus an additional level for your media room & more, this is as good as it gets and is truly a must see for the discerning luxury home buyer. Photos are of Show Home. HST is included in the price.
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Today, The BC Government announced that on April 1, 2013 the HST will be eliminated and that affective very soon, on April 1, 2012, The HST payable on many new homes will be reduced.  This means savings for buyers of new homes priced over $525,000 before tax.

 

Currently, there is a rebate of 5% of the 12% HST up to a maximum of rebate of $26,250 which is reached at a $525,000 house price.  Starting on April 1, 2012, the maximum rebate climbs to $42,500 which means that a buyer doesn't reach the maximum rebate until the new home price is $850,000.  

 

To look at it another way, a house that sells for $525,000 before HST will cost the same at least until April 1, 2013.  A home that sells for $850,000 before HST, will attract $16,250 less HST starting on April 1, 2012.

 

Many new homes are marketed "including the HST."  Keep in mind that the prices don't automatically change on these homes.  However, I do expect that most developers will adjust there prices downwards by April 1, 2012 to reflect the tax savings. 

 

One more very important point... the government announced that this rebate will now also apply to secondary vacation homes.  This is brand new.  Currently, the rebate only applies to primary residences.  The information on this significant new rebate is still being clarified, but if it is what it sounds like, it will be a huge savings for secondary home buyers.

 

Keep in mind, that these HST changes don't come into affect until April 1, 2012.  If you are completing the transaction of a new home before April 1, 2012 you pay the standard HST.

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The units with the best views are already being picked off by eager buyers.  If you want to find out what all the fuss is about, come and visit us at Rainbow Hill this weekend from 1-4pm!

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We continue to have great success at Homes at Hazelwood with a couple more accepted offers this week.  In fact, we are starting to run out of locations for some of our most popular plans.  If you want to find out why Homes at Hazelwood is one of the most popular developments on the market with three bedroom homes starting at only $359,900 please give us a call today!

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Please visit our Open House at 3370 Hazelwood RD.
Open House on Sunday, February 19, 2012 13:00 - 16:00 -Show home at 3392 Merlin.
**Show home open Sat/Sun 1-4** The ?Coachwood? offers the ultimate in privacy and value with 9? ceilings, a spacious great room with real gas fireplace, and a large master with ensuite and walk in closet. The spacious 1 bed suite over the detached double garage gives you a lucrative mortgage helper without sacrificing privacy! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.
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Please visit our Open House at 3370 Hazelwood RD.
Open House on Saturday, February 18, 2012 13:00 - 16:00 -Show home at 3392 Merlin.
**Show home open Sat/Sun 1-4** The ?Coachwood? offers the ultimate in privacy and value with 9? ceilings, a spacious great room with real gas fireplace, and a large master with ensuite and walk in closet. The spacious 1 bed suite over the detached double garage gives you a lucrative mortgage helper without sacrificing privacy! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.
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Please visit our Open House at 3374 Hazelwood RD.
Open House on Saturday, February 18, 2012 13:00 - 16:00 -Showhome at 3392 Merlin Rd
**Show Home Sat/Sun 1-4** The ?Bridlewood? offers the best in affordability with 4 bedrooms, including a 1 bed legal suite on the no-step ground level ? great for a mortgage helper or extra family. Upstairs, the value continues with 9? ceilings, a great room with gas fireplace and an ensuite master? all at an amazing price. ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.
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Please visit our Open House at 3362 Hazelwood RD.
Open House on Sunday, February 19, 2012 13:00 - 16:00
**Show Home Sat/Sun 1-4** The ?Arthur? offers a traditional layout with 3 bedrooms up and a rear garage. The large master boasts a walk in closet and full ensuite. The ground level features a great room with 9? ceilings, gas fireplace and spacious kitchen with island, only a step from your outdoor patio with gas hookup! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.
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Please visit our Open House at 3350 Hazelwood RD.
Open House on Saturday, February 18, 2012 13:00 - 16:00 -Show home at 3392 Merlin
**Show Home Sat/Sun 1-4** The ?Bedford? offers timeless style with the master suite and all principal rooms on the main level. There are two additional bedrooms upstairs for family or guests. An optional, detached single or double garage is available on some lots. ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes HST.
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