Buying Costs
Closing Cost Information
- Legal fees
- Disbursements
- Ontario Land transfer tax
Other Costs
- CHMC Insurance – if down payment is less than 20% then (usually 1%-4% of Mortgage Amount, check with lender)
- CMHC application fee
- H.S.T. on CHMC amount
- H.S.T. on new home purchases, if not included in the purchase price
- Title insurance
- Home Inspection Service . This service is recommended for all purchases whether new or resale.
