Quick Answer: Plan for 1.5%–4% of the purchase price in closing costs on top of your down payment. On a $900,000 home, that is roughly $13,500–$36,000 depending on Toronto municipal LTT and rebates.
Ontario land transfer tax
Progressive rates from 0.5% to 2.5%. First-time buyers may receive up to $4,000 provincial rebate.
Toronto buyers pay twice
Properties within Toronto city limits also pay municipal LTT with a separate first-time buyer rebate up to $4,475.
Other standard fees
- Lawyer or notary: $1,200–$2,500
- Title insurance: $250–$900
- Home inspection: $400–$700
- Appraisal (if required): $300–$500
- Moving and utility hookups
Stack your savings
Combine FHSA, RRSP Home Buyers' Plan, and LTT rebates. Use our affordability calculator before you write an offer.
Sources: Ontario Ministry of Finance, TRREB — as of June 2026
ClickHomes AI Research Team
Real estate market research and analysis team at ClickHomes AI, covering Toronto and the Greater Toronto Area with daily TREB/MLS data insights.
