416.716.4156 | info@trumphourhomes.com

Closing Costs

 

 Land Transfer Tax


To Calculate Toronto and Provincial Land Transfer Tax
Click Here  (www.landtransfertaxcalculator.ca)

 

 Legal Fees


Lawyer's fee range form

$1,000-$1,500
Land title insurance

 

$200.00

 

 Lender Fees


Appraisal

          $175.00 (may be waived by lender)
Application  $100.00 (may be waived by lender)
CMHC insured

                $235.00 + GST + Up to 3.25% of Mortgage amount + PST



The Usual Adjustments

If the Seller has prepaid tax, utilities or condo fees for the year the buyer will have to reimburse the Seller for that portion of the year that the buyer will own the home.

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