Mortgage Associates Ontario Logo

Awarded Top Independent Mortgage Brokerage Canada!

Call Live Support Call Live Support Call Live Support

Mortgage Associates Ontario Inc

Proudly Serving All Areas Of Ontario

Closing Costs canada ontario

Closing costs are the costs payable by the home buyer or seller, required to pay in order to complete and close a mortgage transaction.

In Ontario, when a home buyer is closing on a home purchase they should expect to pay the Ontario land transfer tax and Toronto land transfer tax (if applicable), legal fees for a lawyer to represent the borrower(s), as well as disbursement, in conjunction with their down payment.

In Ontario, when a home owner is refinancing or renewing their mortgage, or obtaining a second mortgage or private mortgage, the closing costs will be comprised of legal fees and disbursements, and in some cases a lender fee and broker fee.

GOT A QUESTION?

Leave your contact details, our expert support team will call you right away.