Closing Costs Calculator
Ontario closing costs in real time: land transfer tax, legal fees, title insurance, and adjustments. No sign-up, results update as you type.
Your purchase
Fees & adjustments
Adjustments reimburse the seller for costs they prepaid (property tax, utilities, condo fees). Your lawyer calculates the exact amount before closing.
Total closing costs
In addition to your down payment.
Breakdown
Ontario land transfer tax brackets
| Portion of price | Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,000 – $250,000 | 1.0% |
| $250,000 – $400,000 | 1.5% |
| $400,000 – $2,000,000 | 2.0% |
| Above $2,000,000 | 2.5% |
Toronto’s municipal land transfer tax uses the same brackets and is added on top. First-time buyers get up to a $4,000 rebate on the Ontario portion.
Have Sim review your closing costs
Closing costs vary by property and municipality. I’ll review your specific purchase and flag anything unusual before you commit.
Call or text: (647) 632-0871 | Email: sim@simsahota.com
Buying your first home? Check your first-time buyer incentives — the Ontario land transfer tax rebate alone is worth up to $4,000, before FHSA and Home Buyers’ Plan help.
