Toolkit

Closing Cost Estimator

Purchase price

$700,000

First-time buyer (Ontario LTT rebate)New build purchase (HST rebate)

Note: HST applies to commissions (13%). As a buyer, you typically don't pay commission directly — your agent is paid by the seller.

Ontario Land Transfer Tax	$10,475
Legal feesEstimate	$1,500
Title insurance~0.15% of price	$1,050
Home inspectionOptional but recommended	$500
Estimated total	$13,525

Estimates only. HST on new builds varies by builder agreement. Confirm with your lawyer.