Ontario Closing Cost Calculator 2026 | Home Buying Costs

Estimate your Ontario home buying closing costs including land transfer tax, legal fees, and more.

All Provinces Ontario British Columbia Alberta Quebec Manitoba Saskatchewan Nova Scotia New Brunswick Newfoundland & Labrador Prince Edward Island

Closing Costs Calculator

Estimate total home buying costs by province

Province

Home Purchase Price

Down Payment

First-time home buyerBuying in TorontoInclude moving costs

Estimated Closing Costs

Land Transfer Tax

$10,475

Legal / Notary Fees

Range: $1,500–$2,500

$2,000

Title Insurance

Range: $250–$400

$325

Home Inspection

Range: $450–$700

$575

Appraisal Fee

Range: $300–$500

$400

Property Tax Adjustment

Approx. 2 months prepaid to seller

$1,167

Moving Costs (est.)

$1,500

Total Closing Costs$16,442

As % of purchase price2.35%

Ontario LTT is calculated on purchase price. First-time buyers get up to $4,000 rebate.

What Are Closing Costs?

Closing costs are expenses paid on top of your down payment when you finalize a real estate purchase. Budget 1.5%–4% of the home price for closing costs. In Ontario with LTT, this can be significantly higher.

Cost Item	Typical Range	Notes
Land Transfer Tax	Varies by province	Largest variable cost — see calculator above
Legal / Notary Fees	$900–$2,500	Mandatory — handles title transfer
Home Inspection	$350–$800	Highly recommended
Title Insurance	$200–$400	Protects against title defects
Property Tax Adjustment	Varies	Reimburse seller for pre-paid taxes
Home Appraisal	$275–$600	May be required by lender
Moving Costs	$500–$5,000	Depends on distance and volume

Closing Costs by Province

Closing costs vary significantly by province due to differences in land transfer taxes, legal fee norms, and municipal charges. Ontario and BC typically have the highest closing costs due to LTT. Alberta and Saskatchewan buyers save significantly with no LTT.

Closing Costs FAQs — Ontario

How much should I budget for closing costs in Canada?

Budget 1.5%–4% of the home's purchase price for closing costs, not including your down payment. In Ontario and BC (which have land transfer tax), closing costs can run 2.5%–4% of purchase price.

Can closing costs be rolled into the mortgage?

Generally no. Closing costs must be paid from your own funds at closing. The exception is CMHC insurance, which can be added to your mortgage.

What are disbursements in closing costs?

Disbursements are expenses your lawyer incurs on your behalf, such as title search fees, registration fees, and courier costs. They typically add $200–$500 to your legal bill.