Closing costs calculator Canada (land transfer tax by province)
Closing costs in Ontario are Ontario land transfer tax, plus Toronto's municipal land transfer tax for a Toronto home, legal fees, often title insurance and often a home inspection. They are cash due on completion — they are not added to the mortgage. Across Canada, budget land transfer tax (or B.C. property transfer tax) plus legal fees, title insurance, and inspection: typically about 1.5%–4% of the purchase price. Alberta and Saskatchewan have no provincial LTT (registry fees still apply). Toronto adds a municipal land transfer tax on top of Ontario’s. Rules verified 2026-07-13. Educational only.
- Rules verified: 2026-07-13
- Sample table: provincial LTT only, no FTB
- AB/SK: $0 provincial LTT
- Educational only
Provincial LTT only, no first-time buyer rebate
| Purchase price | Ontario | B.C. | Alberta | Toronto (ON + municipal) |
|---|---|---|---|---|
| $500,000 | $6,475 | $8,000 | $0 | $12,950 |
| $750,000 | $11,475 | $13,000 | $0 | $22,950 |
| $1,000,000 | $16,475 | $18,000 | $0 | $32,950 |
Frequently asked questions
What are closing costs in Canada?
Closing costs are one-time fees due when you take ownership of a home — typically land transfer tax, legal fees, title insurance, inspections, appraisal, and minor adjustments. Budget roughly 1.5–4% of the purchase price depending on province and first-time buyer rebates.
What is land transfer tax?
Land transfer tax (or property transfer tax) is a provincial — and in Toronto, municipal — tax on the purchase price. Some provinces use graduated brackets and others a flat rate, and in Nova Scotia each municipality sets its own rate. Alberta, Saskatchewan, and Newfoundland and Labrador charge land title or registry fees instead of a transfer tax, and the territories charge land title registration fees.
Do first-time buyers get a rebate?
Ontario offers up to $4,000 provincial rebate (and Toronto up to $4,475 municipal). British Columbia offers a full or partial exemption up to a price cap. Prince Edward Island also waives its transfer tax for eligible first-time buyers, and Quebec refunds part of its municipal transfer duty (the welcome tax) through a refundable tax credit. Rules and definitions of “first-time buyer” vary by province — confirm with your lawyer.
Are the legal and inspection fees exact?
No — this tool uses typical national estimates (e.g. ~$1,800 legal, ~$500 inspection). Actual quotes vary by city, firm, and property. Use the totals as a planning budget, then replace line items with your real quotes.