Closing costs calculator Canada
Estimate buyer closing costs across land transfer tax, legal fees, insurance, adjustments, and moving costs.
Estimate buyer closing costs across land transfer tax, legal fees, insurance, adjustments, and moving costs.
Estimate buyer closing costs across land transfer tax, legal fees, insurance, adjustments, and moving costs.
Closing costs in Canada typically run 1.5%–4.0% of the purchase price — and almost all of it is paid in cash on closing day, on top of your down payment. This calculator uses 2026 Land Transfer Tax brackets, CMHC premium rates, and average legal/title fees by province. For just the LTT piece, see our Land Transfer Tax calculator.
Below 20% triggers CMHC insurance + PST in ON/QC/MB/SK.
Total closing costs
$38,974
5.20% of purchase price
Cash needed on closing
$93,049
Down payment + closing costs (excludes CMHC, which rolls into mortgage)
Down payment
$75,000
10.0% of purchase price
| Line item | Amount |
|---|---|
Land Transfer Tax Provincial (and municipal in TO/MTL) — first-time buyer rebate applied if eligible | $11,475 |
Legal / notary fees | $1,800 |
Title insurance | $450 |
Home inspection | $525 |
CMHC mortgage insurance Usually added to your mortgage — not paid in cash | $20,925 |
PST on CMHC premium (8%) Paid in cash at closing | $1,674 |
Moving costs (estimate) | $1,500 |
Property tax adjustment Approximate — your share of seller's prepaid taxes | $625 |
| Total | $38,974 |
Estimate your real closing costs for buying a home anywhere in Canada in 2026 — land transfer tax (every province + Toronto MLTT), legal fees, title insurance, CMHC insurance PST, home inspection, and adjustments. Most buyers underestimate by $5,000–$15,000.
Q
How much are closing costs when buying a home in Canada?
A
Plan for 1.5%–4% of the purchase price in closing costs. On a $700,000 home that's $10,500–$28,000 above your down payment. The biggest items are land transfer tax (~$10K in Ontario, ~$20K in Toronto), legal fees ($1,500–$2,500), title insurance ($300–$500), and CMHC insurance PST if you're putting down less than 20%.
Last reviewed 2026-04-21