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Cheryl DevenneyReal Estate TeamRight At Home Realty, Brokerage
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Land transfer tax & closing costs.

The two big costs buyers forget. See your Ontario (and Toronto) land transfer tax, the first-time buyer rebate, and the cash you need on closing day.

The home

Where it is and what you are paying.

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Used to work out CMHC insurance tax, if you need it.

Closing costs

Typical Durham-area numbers. Change anything to match your quotes.

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Lawyer + disbursements, typically $1,500–$2,500
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Often $250–$450
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Some lenders pay this
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Prepaid items the seller already paid
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Estimates only. Rates, rules and fees change and your lender, lawyer and tax adviser have the final word — please confirm before you rely on any number. The first-time rebate is up to $4,000 in Ontario and $4,475 in Toronto and only applies if you and your spouse qualify. Land transfer tax is paid on closing.

Want a real number for your situation?

Cheryl & Charlie will run it with you — free, no pressure.

Call 905-442-4062Email us

More free tools

Keep going. Every calculator is free and built for Ontario.

Net proceeds calculatorSellersFree home valueSellersMortgage penaltySellersSell first or buy first?SellersMortgage & affordabilityBuyersLease or purchaseBuyersDown payment, CMHC, HBP & FHSAFirst-timeTrue cost of ownershipFirst-timeFirst-time buyer toolkitFirst-timeSee all calculators →

Know your numbers? Now see your price range.

Answer five quick questions and see how much home you could afford in Durham Region. Then book a free 20-minute buyer game plan with Cheryl and Charlie.

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