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Closing costs catch buyers off guard every day. This calculator shows exactly how much cash you need to bring to your lawyer on closing day — land transfer tax, legal fees, CMHC insurance tax, title insurance, adjustments, and more. All provinces covered.
We've pre-loaded this property's price into the calculator below. Scroll down to see your full breakdown — calculated live from this listing's actual price.
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| TAXES & GOVERNMENT FEES | |
| Provincial Land Transfer Tax | — |
| Title / Land Registration Fee | — |
| PROFESSIONAL FEES | |
| Legal / Lawyer Fees | — |
| Title Insurance | — |
| Home Inspection | — |
| Appraisal Fee | — |
| ADJUSTMENTS & OTHER | |
| Property Tax Adjustment | — |
| Moving Costs | — |
| Home Insurance (1st Year) | — |
| Utility / Other Adjustments | — |
| Total Estimated Closing Costs | — |
Closing costs are separate from your down payment and must be paid in cash through your real estate lawyer on closing day. They cannot be financed into your mortgage. Budget between 1.5% and 4% of the purchase price — with higher-priced markets like Ontario and BC landing closer to 3–4% due to land transfer taxes.
The CMHC insurance premium itself is NOT a closing cost — it rolls into your mortgage balance. However, if you live in Ontario, Quebec, or Saskatchewan, the provincial sales tax (PST/QST) on that premium must be paid in cash at closing and cannot be added to your mortgage. This surprises many buyers and can be hundreds or even thousands of dollars.
Real estate agent commissions are paid by the seller, not the buyer, in Canada. They are deducted from the sale proceeds and are not part of your closing costs.
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Closing costs in Canada typically run 1.5% to 4% of the purchase price. On a $750,000 Ontario home that is about $20,000 to $30,000 in cash on top of the down payment, mostly land transfer tax, legal fees and adjustments.
The calculator combines provincial land transfer tax (and Toronto's municipal tax if it applies), legal and title costs, inspection, appraisal, property tax and utility adjustments, insurance and moving. Costs vary by lawyer, lender and property, so treat the result as an estimate.
Reviewed November 2026 by the mortgage team at Top Mortgages Inc. Figures are estimates for general information. They are not a quote, an approval or financial advice, and lenders set their own final terms.
Land transfer tax, legal fees and disbursements, title insurance, home inspection, appraisal, property tax and utility adjustments, home insurance and moving costs. New builds can add HST and development charges.
On closing day, through your real estate lawyer. They are paid in cash and cannot be added to the mortgage.
Plan for 1.5% to 4% of the price. The land transfer tax is the largest item in Ontario and British Columbia.
Yes. Ontario refunds up to $4,000 of land transfer tax, Toronto up to $4,475 more, and British Columbia has a first-time buyer exemption with income and price limits.
A calculator gives an estimate. A licensed mortgage professional can tell you what you actually qualify for, at no cost, and your credit is not checked to start.
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