Closing Costs in Canada
Plan for the extra home-buying costs that arrive around closing, beyond the down payment.
Updated June 23, 2026
Closing costs arrive when cash is already stretched
Closing costs can include land transfer tax or registration-style fees, legal fees, title insurance, home inspection, appraisal, property tax adjustments, condo document review, moving, utility setup, and insurance.
The exact list depends on province, city, property type, lender, lawyer, and the purchase agreement.
Do not spend the full savings number on the down payment
A buyer who has enough for the minimum down payment may still be short if they forget closing costs, moving, furniture, repairs, and an emergency buffer.
Use the mortgage affordability calculator for the price range, then test the rent-vs-buy calculator with closing costs and selling costs included.
Next steps
Sources and limits
This page is educational and does not replace mortgage, legal, tax, or real estate advice. Confirm current rules and your personal situation before making an offer or choosing a mortgage.
Common questions
Are closing costs the same in every province?
No. Land transfer tax, registration fees, rebates, and legal practices vary by province, city, property type, and buyer status.
Should closing costs be borrowed?
Do not assume that. Ask the lender and lawyer what must be paid in cash and what can be financed, if anything.