Ontario · purchase closing

What you actually need
on closing day

Rates in force
—
Verified —

The property

What are you buying?

Resale house Resale condo New builder house New builder condo Assignment

Purchase price

Where

Toronto charges a second land transfer tax on top of the provincial one.

First-time buyer — nobody on title has ever owned a home anywhere

Money down

Total down payment

Deposit already paid

Paid to the brokerage on signing. It comes off what you bring on closing.

Amortization

Closing date

Rates are applied as of this date, not today.

Who is lending this changes the fee structure entirely

Bank / credit union B-lender / private / MIC

Mark a fee deducted when the lender nets it off the advance rather than asking you for cash, and refundable when you get it back. Both change your cash figure.

Lender fee

deductedrefundable

Broker fee

deductedrefundable

Administration fee

deductedrefundable

Appraisal fee

deductedrefundable

Lender retainer

deductedrefundable

Builder charges capped in your agreement — check schedule B

Development and education levies

Tarion enrolment

Utility and meter connections

Law Society levy

Property tax adjustment

Annual property tax

Already paid by the seller this year

If the seller prepaid past your closing date, you reimburse them for the rest of the year.

Legal defaults shown — replace with your quote

Legal fee

Title insurance

Disbursements

Technology fee

Late closing only if the date has passed

Days late

Interest rate on the unpaid balance

Set out in your agreement of purchase and sale.

Statement of adjustments

estimate

Cash required to close

Calculations by Legal Closers

This is an estimate built from published rates, not a quote and not legal advice. Your lawyer's statement of adjustments is the binding document. Land transfer tax, mortgage insurance premiums and rebate thresholds change — figures are applied as of the closing date you entered. Registered firms set their own fees.