I know that there are already a few threads on this topic, but hopefully someone can answer my specific scenario. I have an IP that I bought about 1.5 years back. I have a long term plan to redevelop into 3 townhouses. I am not a developer/builder(ie not registered for GST to that effect). If/When I redevelop, my current plan to retain all 3 townhouses. My understanding is that GST does not apply if I sell after 5 years of development. My questions are- 1. Will GST apply on sale if I sell one or more townhouses prior to 5 years(sale due to change in personal circumstances)? 2. When does this 5 year period start(guess is from date of issue of occupancy cert)? GST would change my rough calculation for the planned development and hence the questions. Thanks in advance.