Costs Associated with Buying

Home Appraisal

Keys and a Home Appraisal

$350 – $600

This is the fee for determining the property’s lending value for mortgage purposes. This value may or may not be the same as the purchase price of the home. Your lender will sometimes cover the cost of to earn your business.

Home Inspection

Home Inspection

$500 – $950

The home inspector evaluates the structures & systems that make-up the home and provides you with a written report. While not a requirement, many home buyers make a professional home inspection a condition of their “Offer to Purchase”.

Land Transfer Tax

Ontario Land Transfer Tax Calculator

i.e. $16,475 on a Million Dollar Home

These fees are paid to the government whenever a property changes ownership. First-time homebuyers of an eligible home may be eligible for a refund of all or part of the tax. The maximum amount of the refund is $4,000.

Property Survey

Property Survey

$1,000 – $2,000

A document that illustrates the property boundaries and measurements, specifies the location of buildings on the property, and indicates any easements or encroachments. This may not be required if Title Insurance is obtained.

Title Insurance

Title Insurance

Typically a few hundred dollars

A title insurance policy protects Canadian residential or commercial property owners and their lenders against losses related to the property's title or ownership: it protects against title defects or unknown claims on the property that can affect ownership rights.

Legal Fees & Disbursments

Legal Fees & Disbursements

$800 (fee) plus $400 – $2,000 (disbursements)

Ensure your lawyers quote includes all related expenses. You will be required to reimburse the seller for any prepaid property taxes or utility bills and the like.

Moving Company

Movers carrying boxes

The act of moving can appear overwhelming. A good moving company can lessen your tasks. Costs from a minimum 4 hour move up to several days packing and hauling can occur.


Girl with puppy dog

Upgrading flooring before you move in is a common occurrence for many new home owners. Or replacing worn out carpets to freshen a home prior to sale.

Looking for Answers

kevin thomson and dorothy thomson top real estate agents

A myriad of questions pop into your head usually when you're making a move or just thinking about it. We are here to help. Ask us and we will find a solution right for you.