TYPICAL TRANSACTION COSTS OF BUYING A HOME:

• Provincial Land Transfer Tax - due on closing. calculator link

• Insurance (Fire) (cost depends on home type and condition)
  

• Home Inspection ($350+)

• Land Titles Insurance ($300+)

• Legal Fees ($1200+)

• Mortgage fees (costs depend on financial institution)

• Mortgage Insurance if under 20% (residential)

• Adjustments - on a pro rata basis (taxes, fuel, interest, water, etc)

• Moving and set-up costs.

PLEASE NOTE, that the deposit for a home is usually in the 5% to 10% range and due within 24 hours after acceptance of the Agreement of Purchase and Sale.

* Check with your solicitor for a complete list.