369. An individual who is not entitled to a rebate under section 363 in respect of a single unit residential complex or a residential unit held in co-ownership because the total consideration is $175 000 or more, but who is entitled to a rebate under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15) in respect of the residential complex or unit, is entitled to a rebate of the tax paid under section 16 on the amount of the rebate to which the individual is entitled in respect of the residential complex or unit under that subsection.