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Canada Closing Costs Calculator — Know Every Fee Before You Close

Closing costs in Canada typically add 1.5%–4% to the purchase price — and unlike the US, Canada's Land Transfer Tax can be $10,000–$40,000+ depending on your province and city. Get a full breakdown of every cost line so you arrive at closing with no surprises.

What you'll need

  • Purchase price of the home
  • Down payment amount (affects CMHC PST if under 20%)
  • Province — LTT rates vary significantly
  • Whether you are buying in the City of Toronto (second LTT layer)
  • First-time buyer status (rebates available in ON and BC)

How it works

1

Enter purchase price and down payment

Down payment under 20% triggers CMHC insurance — the PST on the premium is a cash closing cost.

2

Select province and Toronto status

Land Transfer Tax varies from $0 (Alberta) to $40,000+ (Toronto). Toronto adds a municipal LTT on top of Ontario's.

3

See your full cost breakdown

Every line item — from LTT and legal fees to title insurance and property tax holdback — estimated low, mid, and high.

Closing Costs on a $750,000 Ontario Home (20% Down)

Cost ItemLowHighRequired?
Land Transfer Tax (ON)$11,475$11,475Yes
Legal / Notary Fees$1,800$3,000Yes
Title Insurance$200$500Yes
Home Inspection$400$700Optional
Property Tax Holdback$3,750$7,500Maybe
Moving Costs$1,000$3,000Optional
Total Estimate~$18,600~$26,200

FTHB rebate reduces LTT by up to $4,000 (provincial) + $4,475 (Toronto municipal). Verify with your lawyer.

Frequently asked questions

How much are closing costs in Canada?

Canadian closing costs typically range from 1.5% to 4% of the purchase price. On a $750,000 home, expect $11,000–$30,000. The biggest variable is Land Transfer Tax (LTT), which can be $10,000–$30,000+ in provinces like Ontario or British Columbia.

What is the Land Transfer Tax in Ontario?

Ontario charges a provincial LTT on a tiered system: 0.5% on the first $55,000; 1.0% up to $250,000; 1.5% up to $400,000; 2.0% up to $2,000,000. Toronto adds a second municipal LTT at the same rates. First-time buyers get a provincial rebate of up to $4,000 and a Toronto rebate of up to $4,475.

Is there Land Transfer Tax in Alberta?

No. Alberta does not have a Land Transfer Tax. Instead, Alberta charges a small Land Title Transfer Fee, which is usually $500–$1,000 and is not based on the purchase price.

Do I have to pay PST on CMHC mortgage insurance?

Yes, if your down payment is less than 20% and you live in Ontario (8% PST), Quebec (9% QST), or Manitoba (8% PST). This PST on the CMHC premium must be paid in cash at closing — it cannot be rolled into your mortgage like the premium itself.

What legal fees should I budget for buying a home in Canada?

Lawyer fees (or notary fees in Quebec) typically range from $1,200 to $3,000 depending on the province and complexity. Budget $1,800–$3,000 in Ontario, $1,500–$2,800 in BC, and $1,000–$2,000 for a Quebec notary.

Authoritative resources

See every closing cost broken down by line item.

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