Tri/City Realty Select Ltd.

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 BUYERS - INFORMATION - CLOSING EXPENSES

 
Register with us as a buyer
Buyer Agency and Agent Duties
Closing expenses guide
Pre Approved Mortgage
Major Elements of an Offer
Moving Tips
 
This document will give you an idea of the approximate closing costs you can expect to have pay when buying a home.

Payable to the Minister of Finance:

Registering Deed

$50.00

Registering Mortgage

$50.00

Sheriff s Certificate
per name (usually 6 or 7 names)

$11.00

Search Cost: varies with complexity of title.

Land Transfer Tax: See Chart

Payable to the City or Township:
(subject to change by municipal government)

Zoning Compliance: cost varies between cities and townships.

Tax Certificate

$20.00

Gas Inquiry

$10.00

Other Charges:

Postage, photocopies, fax

$25.00

Transaction Levy

$25.00

Total

Lawyer's Fees:

$400.00 - $600.00

Disbursements:

approx. $500.00

* fees and disbursements vary with complexity and are subject to GST

LAND TRANSFER TAX
(Provincial tax on sale of property, payable by the purchaser)

House Cost

Land Transfer Tax

$50,000.00

$225.00

$60,000.00

$325.00

$70,000.00

$425.00

$80,000.00

$525.00

$90,000.00

$625.00

$100,000.00

$725.00

$110,000.00

$825.00

$120,000.00

$925.00

$130,000.00

$1025.00

$140,000.00

$1125.00

 

 

House Cost

Land Transfer Tax

$150,000.00

$1225.00

$160,000.00

$1325.00

$170,000.00

$1425.00

$180,000.00

$1525.00

$190,000.00

$1625.00

$200,000.00

$1725.00

$210,000.00

$1825.00

$220,000.00

$1925.00

$230,000.00

$2025.00

$240,000.00

$2125.00

$250,000.00   

$2225.00

 


To learn more we invite you to contact us today.
 

 

 

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BUYERS SELLERS MORTGAGES LISTINGS
FREE MARKET EVALUATION ABOUT US RESOURCES CONTACT US
 

(519) 624-3900   

1-800-790-5986  

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