Ontario closing costs calculator
Estimate the cash you need beyond the down payment when buying in Ontario: land transfer tax, legal fees, title insurance, sales tax on insurance and more.
Mortgage rules last reviewed: September 29, 2026
Typical range $1,500–$2,500 — ask your lawyer
Prepaid property tax / utilities you reimburse the seller
- Ontario land transfer tax
- $15,475
- Legal fees
- $2,000
- Title insurance
- $400
- Home inspection
- $500
- Appraisal
- $400
- Adjustments
- $1,000
- Moving costs
- $1,500
- Total closing costs
- $21,275 (2.2% of price)
- Down payment
- $190,000
- Cash needed on closing day
- $211,275
For illustration only. Not a rate quote, approval or pre-qualification.
How this is calculated
- Closing costs typically run about 1.5%–4% of the purchase price.
- These are estimates only. Your lawyer confirms the final figures, and other costs (such as a survey or condo status certificate) may apply.
Calculator disclaimer
Calculators are provided for general informational and illustrative purposes only.
Results are estimates and may not reflect lender-specific qualification requirements, mortgage-insurance premiums, taxes, fees, available products, payment calculations or other transaction costs.
Calculator results do not constitute:
- Mortgage approval
- Pre-approval
- A rate commitment
- A lending commitment
- Financial advice
- Tax advice
- Or legal advice
Mortgage rules, rates and lender requirements can change.
For advice about your specific circumstances, speak with the appropriate licensed professional.
But how does this apply to your business income?
This calculator estimates the numbers you entered. How a lender treats your salary, dividends or business income is a separate question, and it's the one the Mortgage Readiness Review looks at first.