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Closing Costs – Residential Real Estate Purchase

Following are approximate Closing costs that may vary for your specific situation:

  • Land Transfer Tax
  • CMHC Insurance Payable
  • Mortgage Application fee $250
  • Lawyer’s fee $900 to $1200
  • House Insurance
  • Moving Cost
  • Survey or Estoppel Certificate
  • Closing Adjustments
  • Additional Costs in case of a new house e.g HST @ 13%, Education Levy, Driveway paving, Hydro & Water hookup or Tree planting fees