HomeFor SellersFor BuyersFinancingHome for Sale

Typical Closing Expenses


Initial Deposit

When submitting the offer


Mortgage Application & Appraisal Fee

When arranging financing


Home Inspection (optional)

Acceptance of Conditional offer


Home and Property Insurance

On Closing and On-going


Legal Fees

On Closing


Legal Disbursements

On Closing


Mortgage Interest Adjustment (if Applicable)

On Closing


Land Transfer Tax ( Ontario)

On Closing

Click Here

Property Survey if not provided

On Closing

$700 & up

Moving Expenses

On Date of Move

$200 & up

Mortgage Insurance (if applicable)

On Closing

Click Here


Please Note other typical monthly costs associated with home ownership include mortgage payments, maintenance, insurance, condo fees, property taxes and utilities.

ATTENTION FIRST TIME BUYERS: Whether you are buying a resale property or a new property, you are eligible in subsidies (MAJOR SAVINGS) in Toronto, ON CANADA.