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TL mini logo Summary of closing costs

To estimate the closing costs for completion of your transaction, it will be a combination of the following items. This covers the majority of cases, but individual transactions may have others types of expenses.

  1. Land Transfer Tax (LTX)
  2. Tarion (Ontario New Home Warranty) Fee
  3. Water meter connection
  4. Hydro meter connection
  5. Boulevard tree planting
  6. Driveway paving
  7. Fence installation
  8. Subdivision damage deposit
  9. Survey costs
  10. Educational development charge
  11. Condo reserve fund
  12. Law Society Transaction Levy
  13. Goods and Services Tax (GST)
  14. Legal fees and disbursements
  15. Mortgage application fee
  16. Mortgage appraisal fee
  17. Mortgage insurance

Please note this is only a summary, designed to provide a general idea of some of the more common charges that are required to complete your transaction.


Trillium Lane logo
Introduction   Listings   Purchasers   Vendors   Contact
TRILLIUM LANE REALTY LTD., BROKERAGE