CLOSING COSTS
Closing costs catch more buyers off guard than almost anything else in the home purchase process. In Ontario, they add up faster than most people expect. On top of your down payment, budget an additional 1.5% to 3% of the purchase price to cover everything from Land Transfer Tax to legal fees, title insurance, and property tax adjustments. On an $850,000 home, that's potentially $10,000–$20,000 over and above your downpayment. First-time buyers can recover up to $4,000 through the Land Transfer Tax rebate, but only if they know to claim it. Before you make your next move, talk to Andrew - knowing these numbers upfront is what separates a smooth closing from a stressful one. Let me help you buy with confidence.
