Buyer's Costs

Land Transfer Tax* (LTT)

Land transfer tax in the biggest chunk of the costs. There are two types of taxes: Ontario land transfer tax (applies to all properties in Ontario) and Toronto Land Transfer Tax (only, if your desired property is within the municipality of Toronto).

Special taxes apply to non-residents. Also, there are rebates on the land transfer tax for first time home buyers.
For more information regarding the land transfer tax, please visit my Land Transfer Tax Calculation page.

Legal Fees

Most of the time, purchase transactions are $1100 to $1200 plus HST, this in all the work for a purchase and one mortgage. 
A real estate lawyer can provide you with details. You can contact me if you are looking for a knowledgeable, experienced and reliable lawyer. Over the years, I have met a few that I can trust do take care of my clients very well.


As needed, include City Tax Certificate, City Zoning Reports, City Engineering Report, Sheriff's Certificate Registry Office searches, deeds registration, mortgage registration, copies, postage, long distance calls, courier fees, etc.

Home Inspection

Home Inspection will cost approximately between $350 to $550. I always strongly recommend home inspections, even if you are purchasing a new house or condo. However, keep in mind that in seller marker conditions where multiple offers are happening, you might greatly loose the chances of your offer being accepted in you use an inspection condition in your offer. Never the less, you can do this for your own content.

Title Insurance

In my opinion, Title insurance is very important and everyone should obtain it. You only pay for it one time, usually during your closing, and the cost is about $300. Most lawyers will accept Title Insurance in lieu of the actual survey. The cost is about $300 for freehold residential and $180 for a condominium.


Adjustments are money owned due to pre-payment of taxes, hydro, gas, fuel oil, etc.


Whether your lending institution requires it (not always the case) or for your own content you may need a survey. If no up-to-date survey is available, a new one will cost approximately $700 to $1,000. Fees for larger and recreational properties vary. Individual quotes are required.

Arranging the Mortgage

Usually an appraisal fee of about $200 plus an administration fee of about $200 to$300. An up-to-date survey may also be necessary. Some institutions may waive some of the fees.


The moving costs may vary depending on your choice of movers (i.e. professional movers or packing yourself and renting a UHAUL truck).