The Goldman Team

Buyer’s Expenses:

Typical Buyer’s Expenses:

  • Certfied cheque / bank draft for deposit on property
  • Home inspection
  • Property taxes
  • Principal and interest payments on mortgage
  • Monthly expenses (heat, hydro, and water)
  • Maintenance costs / condo fees (if the purchase property is a condo)

Closing Costs can be 3% to 4% of the purchase price:

  • Legal fees
  • Land transfer taxes (see chart)
  • Moving expenses
  • Insurance (mortgage and home insurance)
  • Commission if applicable