Closing costs and land transfer tax calculator

Cash you need on closing day on top of your down payment.

Your quotes (our estimates by default)
Closing costs$9,626$74,626 cash needed with your down payment
Ontario (other)
Ontario land transfer tax$9,475
Ontario first-time homebuyer refund−$4,000
Sales tax on the CMHC premium$1,451
Legal / notary$1,800
Title insurance$350
Inspection / appraisal$550
Total$9,626

Estimate, not advice. Your lawyer or notary prepares the final statement of adjustments, including property-tax and utility adjustments not shown here.

Closing costs $9,626, of which land transfer tax or fees $5,475.

Assumptions & sources

Assumptions

  • Transfer tax is calculated on the purchase price (NB, PE and NS use the greater of price or assessed value).
  • First-time buyer rebates assume you meet every condition (residency, occupancy, never owned).
  • Legal, title insurance and inspection figures are our planning estimates; get quotes.

Sources

  1. Government of Ontario — Calculating land transfer tax. Checked .
  2. Government of Ontario — Land transfer tax refunds for first-time homebuyers. Checked .
  3. Government of Ontario — Retail sales tax on insurance premiums. Checked .
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