Lendsimpl Logo

Brokerage #13763

Get a Free Quoteno obligation · Canada

Closing Cost Specialists · Ontario

Closing Cost Calculator
Toronto, Ontario

Buying a home in Toronto? Don't be surprised by closing costs. Our calculator estimates every fee — land transfer tax, legal fees, title insurance, and more — specific to Toronto, Ontario. Includes Toronto's municipal land transfer tax.

Land Transfer TaxLegal Fees IncludedAll Fees ShownFSRA Licensed #13763

Licensed Ontario mortgage brokerage · FSRA #13763 · Free, no-obligation consultation

Key Facts · Toronto

2–4%

Typical closing cost range

Ontario LTT0.5%–2.0%
Legal fees$1,500–$2,500
Title insurance$300–$500
FTB LTT rebateUp to $4,000
Get Free Analysis →

Free · No obligation · Same day

50+
Lenders Compared
Free
Analysis & Consultation
Same Day
Expert Response
FSRA #13763
Licensed in Ontario

Free Calculator

Closing Cost CalculatorToronto, Ontario

2026 rates updated · No sign-up required · FSRA #13763

Talk to a specialist in Toronto

1‑416‑299‑6096

Free · No obligation · FSRA #13763

Mortgage Services · Toronto

More Mortgage Services in Toronto, Ontario

lendsimpl serves Toronto homeowners with a full range of mortgage solutions — from first purchase to refinancing, private lending, and equity access.

FAQ

Closing Cost Calculator in Toronto — Frequently Asked Questions

What are typical closing costs in Toronto, Ontario?

Closing costs in Toronto typically range from 1.5% to 4% of the purchase price. They include land transfer tax, legal fees ($1,500–$2,500), title insurance ($300–$500), and home inspection fees. Toronto residents pay both Ontario provincial and Toronto municipal land transfer tax.

Do I need to pay land transfer tax in Toronto?

Toronto residents pay both Ontario provincial and Toronto municipal land transfer tax. First-time home buyers may qualify for rebates of up to $4,000 on provincial LTT and up to $4,475 on Toronto municipal LTT.

How much should I budget for closing costs in Toronto?

Budget 2–4% of your purchase price for closing costs in Toronto. On a $600,000 home, expect $12,000–$24,000 in closing costs. Use our calculator for an exact Toronto estimate including all fees and taxes.

Not sure which option is right for you in Toronto?

Our specialists compare 50+ lenders to find the best solution for your situation — income, credit, property type. Free analysis, same day.

Browse Closing Cost Calculator by Ontario City(82 cities)