Sonya Crites and Lori Williams, Sales Representatives | TEL. (613) 327-8083 | CELL. (613) 867-5313

The items listed below is an overview of what to expect when closing you purchase. These expenses are approximations only – they may vary and change frequently. Your RE/MAX Absolute Realty Inc.  real estate agent can help you further define more precise numbers.


       House inspection – $450 and up. Due at the time of the inspection.

       Septic Inspection (where applicable) $500 and up, due at the time of inspection

       Legal fees (including disbursements) – Legal fees can be anywhere from $1000-$4000 depending on the lawyer and the extent of the services provided. (Contact your lawyer to get a quote prior to closing) These fees are payable on the closing date.

       Land Transfer Tax – Below is the Ontario Land Transfer Tax Table. These Land Transfer Taxes are due at closing and payable to your lawyer.

Land Transfer Tax
Up to $55,000 X 0.5% of total property value
From $55,000 to $250,000 X 1% of total property value
From $250,000 to $400,000 X 1.5% of total property value
From $400,000 up X 2% of total property value
The City of Toronto levies an additional LTT on Toronto real estate in addition to the provincial rate

       Various registration fees (including deed /mortgage and governmental) – Several hundred dollars and up. Due at closing.

       Interest adjustment – Varies with mortgage amount and terms. Due at closing.

       Property tax/pre-paid utilities adjustments – Varies widely, but often under $1,000. Due at closing.

       Property/fire insurance – Expect to pay $300 to $700 for most properties, but it varies according to coverage level, region and property type. Contact your insurance company to insure you get the proper insurance coverage, prior to closing.

       Title insurance –  Completed through your lawyer and is recommended. Get a quote from the lawyer upon meeting with them.

Estoppel certificate (for condos only) – Around $100. This is paid to the condo corp during the conditional period, in the offer. This can be paid through the lawyer or upfront.