Closing Cost Calculator (Canada)
Closing costs are paid in cash on top of your down payment. This estimate uses CMHC's typical cost ranges plus the amounts you enter for taxes and legal fees.
Calculator
Results update as you type · Nothing you enter leaves your browser
Estimated closing costs
$13,176 – $13,276
Cash needed on top of your down payment
| Item | Estimate |
|---|---|
| Land transfer tax (calculated) — Assumes the property contains one or two single family residences. | $9,475 |
| Legal fees (you entered) | $1,500 |
| Appraisal (if your lender requires one) | $250 – $350 |
| Home inspection | $500 |
| Provincial sales tax on mortgage insurance — Must be paid in cash; it can't be added to the mortgage. | $1,451 |
Also budget for property insurance (needed on closing day), adjustments for prepaid property tax and utilities, title insurance if suggested, moving costs, and well or septic tests if they apply.
Land transfer and registration taxes
These taxes are set by provinces, and some cities add their own. The calculator uses official rates for Ontario (including Toronto's municipal tax), British Columbia, Manitoba, New Brunswick and Prince Edward Island, and the official land registration fees for Alberta, Saskatchewan and Newfoundland and Labrador, which have no transfer tax. We check those sources every week. For Quebec, Nova Scotia and the territories, where rates are set municipally or we haven't verified them yet, you enter the amount yourself.
Sources
- Financial Consumer Agency of Canada
- CMHC
- Ontario Ministry of Finance
- City of Toronto
- Government of British Columbia
- Government of Manitoba
- Government of New Brunswick
- Government of Prince Edward Island
- Government of Newfoundland and Labrador
- Government of Alberta
- Information Services Corporation (Saskatchewan Land Registry)
Rules are summarized in our own words from official publications. Check the source and talk to your lender or a licensed professional before making a decision.
Informational only, not financial advice. Data as of the release snapshot generated 2026-11-12.