Buyers Completion / Closing Costs
When purchasing a property there are customary costs. There are grants and rebates that may apply to your purchase as well. For the most circumstances cost to be borne by the Buyer are as follows:
Lawyer or Notary fees and Expenses
- searching title
- investigating title
- drafting documents
Land Title Registration Fees
Survey Certificate (Detached homes only)
Costs of Mortgage
- mortgage company’s Lawyer/Notary.
- appraisal
- Land Title Registration Fees.
- CMHC-mortgage insurance.
Fire Insurance Premium
Sales Tax or Harmonized Tax
Property Transfer Tax
Annual City Property Taxes
Home inspection.
Please refer to the Financing section for additional info.
