Multiple Home Owner Grant
Multiple Home Owner Grants can be claimed by the owner on eligible:
- apartment buildings
- housing co-operatives buildings
- housing society buildings
The owner may be a corporation, co-operative housing association or housing society.
To be eligible, the property must be a separate taxable parcel on a tax roll, with a building on it containing at least two apartments. An apartment is defined as a
self-contained residential unit that has cooking, sleeping, bathroom, and living room facilities, and is located in an apartment building.
An eligible apartment or housing unit must be occupied by an eligible occupant and be located in one of the following types of buildings:
The building owner must qualify at the date the application is made, and the occupants must be eligible at the date they sign Form A, the Certificate of Eligible Occupants and Owner's Certificate.
The Multiple Home Owner Grant is calculated as the sum of all grants payable for each eligible unit.
Eligible Land Co-Operative Residences
An owner of a land co-operative with eligible residences is also entitled to the Multiple Home Owner Grant. The grant is calculated as the sum of all grants payable in respect of each eligible land co-operative residence. The owner must qualify at the date the application is made. To apply, the owner files a completed Form A, Certificate of Eligible Occupants and Owner's Certificate with the Tax Collector.
A "land co-operative" means a separate taxable parcel owned by a corporation exclusively for the benefit of its shareholders. Each holder's shares, or shares and other securities, must be equivalent in value to the portion of the parcel occupied.
An "eligible land co-operative residence" is a portion of a land co-operative with a building assessed and taxed as an improvement in the current tax year and occupied by an "eligible occupant".
Please see bulletin HOG 007 for more information.
Eligible Multi-Dwelling Leased Parcel Residences
A "multi-dwelling leased parcel" means a parcel of land that has two or more residences on it.
An "eligible multi-dwelling leased parcel residence" is a portion of a multi-dwelling leased parcel that has a building assessed and taxed as an improvement in the current tax year and occupied by an eligible occupant.
Please see bulletin HOG 008 for more information.
Owner Must Pass On Benefit
The owner of an eligible apartment building, housing co-operative building or housing society building must pass on the benefit of the grant to the eligible occupants. Only one grant is allowed per taxable parcel except in the following circumstances:
The occupants must meet all other eligibility requirements of the Home Owner Grant Act.
Section 7 of the Act requires that the owner of an eligible building, land cooperative or multi-dwelling leased parcel pass on the Home Owner Grant benefit attributable to each eligible occupant. The intent of Section 7 is to treat all eligible occupants as if they were separately assessed as single-family-home owners.
A corporation that owns qualified property should complete Form A, Certificate of Eligible Occupants and Owner's Certificate, which provides further details on how to apply for Multiple Home Owner Grants.
Types of grants: