closing costs

Buyer Closing Costs in Ontario: A Complete Breakdown, With a Real $1M Toronto Example

Ontario buyer closing costs: provincial + Toronto land transfer tax, first-time rebates, legal, title insurance, the 8% PST on CMHC premiums, with a worked $1M example.

The Ontario New-Home PDI: How One Hour Before Possession Protects Your Tarion Warranty for 7 Years

A complete guide to the Pre-Delivery Inspection (PDI) for a new or pre-construction home in Ontario: what the PDI is, a room-by-room checklist, how to document it, and the Tarion 1-, 2-, and 7-year warranty timeline with Initial and Year-End forms. By Arthur Zhao.

The Requisition Period: The Invisible Step That Actually Protects You When Buying in Ontario

Ontario's requisition (title search) period explained: what the OREA Agreement's Requisition Date means, what the buyer's lawyer searches, how a requisition letter clears title defects, and how title insurance protects you before closing.

The Final Walkthrough Before Closing: An Ontario Buyer’s Pre-Closing Visit Guide

A complete guide to the final walkthrough before closing on an Ontario resale home: the OREA clause that gives buyers pre-closing visits, the best timing, a room-by-room checklist (appliances, HVAC, chattels, fixtures), and what to do if you find a problem — holdback or abatement.

The New-Build Cost Buyers Miss: Development Charges and Levies in Ontario

Development charges and levies are the most overlooked cost of buying a new-build or pre-construction home in Ontario. According to the City of Toronto (2025), the DC on a two-bedroom condo is $80,690 per unit. Here's how DCs, education levies, Tarion fees, hook-up charges and HST work — and why you must cap levies in the contract.

Do You ‘Close’ on a Pre-Construction Condo? The Two Closings Every Ontario Buyer Should Know

An Ontario pre-construction condo has two closings: interim occupancy (you move in and pay occupancy fees / phantom rent) and final closing when the condo registers and title transfers. See the Condominium Act 1998 framework, occupancy-fee components, closing costs and Tarion timing.

Interim Occupancy & Occupancy Fees on Pre-Construction Condos

What are interim occupancy and occupancy fees on an Ontario pre-construction condo? A guide to the three components of the occupancy fee, its statutory basis, how long it can last, and why this money doesn't pay down principal or build equity.

Closing Costs in Ontario: What Buyers Pay Beyond the Price (2026)

Beyond the down payment and purchase price, what closing costs does an Ontario/GTA home buyer pay? A line-by-line breakdown of land transfer tax, legal fees, title insurance, inspection and adjustments, with a worked $1M example.