Southland Mall Cornwall Centre 2597 Quance Street E
Pokey's Tackle Shop
1001 Osler Street
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What If I Win?
Do I have to pay tax if I win a showhome?
No. Lottery winnings in Canada are considered windfalls.
If I win a showhome, what do I have to pay for?
As a Hospitals of Regina Foundation Home Lottery winner, you are awarded your new home free and clear of any encumbrances. After you take title of your new home, you will be responsible for the usual costs associated with home ownership.
What about real estate fees? Legal fees?
Real estate fees and legal fees for title transfer are paid for by the Hospitals of Regina Foundation Home Lottery.
If I win a showhome, do I get to keep the furnishings?
Yes. The showhome will be awarded with all furnishings, decorating and landscaping.
If I win a showhome, do I have to live in it or can I sell it?
Once a home is awarded to a winner and the title is transferred, they do not have to move in. Any prize can be sold if the winner wishes to do so.
Is there capital gains tax on the house if I sell it?
Winning a house is a lottery prize, not a capital gain. Lottery winnings are not taxable in Canada. Please seek professional counsel for further information.
4302 SAGE DRIVE
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