Canadian Closing Costs Calculator

Calculate all closing costs for any Canadian province — land transfer tax, GST/HST on new builds, CMHC PST, legal fees, and first-time buyer rebates.

$
$
Estimated Total Closing Costs
CA$12,375
1.9% of purchase price
Land Transfer Tax
CA$9,475
Legal Fees (est.)
CA$2,000
Title Insurance (est.)
CA$300
Home Inspection (est.)
CA$600
Resale homes: no GST/HST — a significant advantage over new construction.
Land Transfer Tax: $9,475
Legal Fees: $2,000
Title Insurance: $300
Home Inspection: $600

Tax costs for a CA$650,000 resale purchase across all provinces.

ProvinceNet LTTGST/HSTTotal Taxes% of Price
AlbertaNoneCA$00.00%
SaskatchewanNoneCA$00.00%
Nova ScotiaNoneCA$00.00%
NewfoundlandNoneCA$00.00%
New BrunswickCA$6,500CA$6,5001.00%
PEICA$6,500CA$6,5001.00%
QuebecCA$7,983CA$7,9831.23%
OntarioCA$9,475CA$9,4751.46%
ManitobaCA$10,650CA$10,6501.64%
British ColumbiaCA$11,000CA$11,0001.69%

AB, SK, NL: no LTT — only minor title registration fees (~$200-600). NS: no provincial LTT but municipal deed transfer tax (~1.5%) applies.

$
$
$
All-In Cash Required at Closing
CA$143,746
Down payment + closing costs + property tax adjustment
Down Payment
CA$130,000
Land Transfer Tax
CA$9,475
Legal Fees
CA$2,000
Title Insurance + Inspection
CA$900
Property Tax Adjustment
CA$1,371
Down Payment: $130,000
Land Transfer Tax: $9,475
Legal Fees: $2,000
Inspection + Title: $900
Tax Adjustment: $1,371

How to Use the Canadian Closing Costs Calculator

Enter your Property Price, select your Province, and choose whether the property is resale or new construction. First-time buyers should check the FTB box to see applicable land transfer tax rebates in Ontario and British Columbia. Toronto buyers should also enable the Toronto checkbox to include the additional municipal LTT.

Canadian Closing Costs Explained

Land Transfer Tax (LTT)

Land Transfer Tax is a provincial government levy charged when real estate changes hands. Rates vary significantly by province — Ontario and BC have tiered LTT systems, Alberta and Saskatchewan have none at all. Toronto adds a second municipal LTT on top of Ontario's provincial tax, making it the most expensive city in Canada for LTT.

Ontario: 0.5% up to $55K / 1% to $250K / 1.5% to $400K / 2% to $2M / 2.5% above
British Columbia: 1% up to $200K / 2% to $2M / 3% above
Alberta / Saskatchewan / Newfoundland: No LTT
Toronto: Additional municipal LTT equal to Ontario's provincial rate

GST/HST on New Construction

Resale homes are exempt from GST/HST — one of the largest advantages of buying resale over new construction. New homes attract GST (5%) or HST (13-15% depending on province) on the purchase price. A federal new housing rebate reduces the net tax for homes under $450,000, but for higher-priced new builds, the full HST applies — often $50,000 to $100,000+ in additional tax.

CMHC Mortgage Insurance

If your down payment is under 20%, CMHC mortgage default insurance is mandatory. The premium (2.8% to 4% of the loan amount) is added to your mortgage — but Ontario, Quebec, and Saskatchewan also charge PST on the CMHC premium itself, which must be paid in cash at closing.

Legal Fees and Title Insurance

A real estate lawyer or notary (Quebec) is required for all Canadian property purchases. Fees typically range from $1,500 to $3,000. Title insurance is a one-time premium protecting against title defects, encroachments, and fraud — typically $200 to $400 for resale homes.

Example: Closing Costs for an $800,000 Home in Ontario

$800,000 Resale — Ontario — 20% Down — First-Time Buyer

Land Transfer Tax (Ontario)$11,475
FTB Rebate (price over $600K)$0
Toronto Municipal LTT (if applicable)$11,475
GST/HST (resale — exempt)$0
Legal Fees (estimated)$2,000
Title Insurance$300
Home Inspection$600
Property Tax Adjustment (est.)$1,200
Total Closing Costs (excl. Toronto)$15,575
Total Closing Costs (incl. Toronto LTT)$27,050

Frequently Asked Questions

No. Resale homes in Canada are exempt from GST/HST. This is a major cost advantage over new construction. New homes attract GST (5%) or HST (13-15%) on the full purchase price, though a federal new housing rebate reduces the net tax for homes priced under $450,000.
Ontario offers up to $4,000 back on LTT for first-time buyers (homes up to $368,000 get the full rebate; it phases out to zero at $600,000). BC offers up to $8,000 (homes up to $500,000; phases out at $525,000). Toronto first-time buyers get an additional $4,475 municipal LTT rebate. You must never have owned a home anywhere in the world to qualify.
The CMHC premium itself is added directly to your mortgage balance — you do not pay it in cash at closing. However, if you are in Ontario, Quebec, or Saskatchewan, PST is charged on the CMHC premium and that PST amount must be paid in cash at closing. Ontario PST is 8%, Quebec 9.975%, Saskatchewan 6%.
Toronto is the only city in Ontario (and one of the few in Canada) that has its own municipal land transfer tax, charged in addition to the provincial Ontario LTT. Both taxes are calculated on the full purchase price using the same bracket structure, so Toronto buyers effectively pay double the LTT compared to buyers anywhere else in Ontario. On a $1 million home, this difference is approximately $16,475.
If the seller has prepaid property taxes for the full year, you owe them a reimbursement for the portion from your closing date to year-end. Conversely, if taxes are paid in arrears and the seller has not yet paid, you receive a credit. Your real estate lawyer calculates these prorations on the Statement of Adjustments you receive before closing day.

Related Canadian Calculators