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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
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