Did a taxpayer meet the eligibility criteria for an HBP where there was an intention to start using a qualifying home as the individual's principal place of residence no later than one year after the acquisition, but after acquiring the housing, found that it was not possible to live in it? In responding, CRA confirmed that statement in Guide RC4135:
In some cases, you may not occupy the qualifying home by the end of the 12-month period after you bought or built it. If this happens, you are still considered to have satisfied this condition if, at the time you withdrew funds under the HBP, you did in fact, intend to occupy the home as your principal place of residence no later than one year after buying or building it.