Buying guide · July 2026 · 4 min read
Ontario closing costs: a buyer’s planning list
The costs that deserve space in your budget before offer day.
Read time4 min read
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Before you read
Use this as a planning guide, not a checklist you need to perfect.
Mortgage decisions are individual. Save the parts that apply to your situation, write down your questions, and use them to make a more informed next move.
The common items
Ontario land transfer tax, legal fees, title insurance, inspection, appraisal-related costs where applicable, moving, adjustments and a reserve all deserve attention.
Keep funds accessible
Closing costs are often due around closing, so they should not be assumed to come from an illiquid investment or a last-minute source.
Planning visual
Typical planning categories
Categories shown for planning—not a quote or a percentage of your purchase price.
Save these questions
Three prompts for your next conversation.
- What is my comfortable all-in monthly amount?
- What cash is needed for down payment, closing and reserve?
- Which documents can I organize before offer day?