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Fixed Closing Costs
We are pleased to offer the following fixed* closing costs for single family homes up to $400,000.00:
Purchases
Legal Fees inclusive of all disbursements, searches and Title Insurance if required. |
$1,399.00 plus HST
($1,299.00 for condos) |
Registration Costs for one transfer and one mortgage |
$142.60 |
Land Transfer Tax – payable at the time of closing, based on purchase price |
Variable depending on purchase price |
Sales
Legal Fees inclusive of all disbursements. |
$695.00 plus HST |
Registration Costs for one mortgage discharge |
$71.30 |
Law Society of Upper Canada Levy |
$56.50 |
* for transactions involving an average amount of time and complexity.
Fees include the preparation of one mortgage or mortgage discharge and all disbursements up to registration. These rates are effective July, 2010 and are subject to change without notice; please call us to confirm.
For properties over $400,000.00 or where a second mortgage or other secured property is involved, and for tenanted, multi-unit and non-residential properties, additional time and disbursements is usually required; please call 905.525.8873 for a quote.
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