Closing Costs Calculator
Understand all the costs associated with buying a home in Canada
What Are Closing Costs?
Closing costs are the additional expenses you'll need to pay when finalizing your home purchase. These typically range from 1.5% to 4% of the purchase price and include various fees and taxes.
Understanding these costs upfront helps you budget accurately and avoid surprises on closing day.
Approximately 2.08% of purchase price
Why Work With Sutton?
Our agents help you navigate closing costs and negotiate the best deal.
Access our network of lawyers, inspectors, and mortgage professionals.
We ensure you understand every cost before you commit to buying.
Tips to Save on Closing Costs
Compare quotes from multiple lawyers, inspectors, and insurance providers.
Take advantage of rebates and tax credits available in your province.
Flexible closing dates can help you save on property tax adjustments.
Combine home and auto insurance for discounts on premiums.
Put down 20% or more to avoid CMHC insurance premiums.
Many service providers offer special rates for real estate transactions.
Frequently Asked Questions
Ready to Buy Your Dream Home?
Connect with a Sutton agent who can guide you through every step of the home buying process.
Related Resources
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Learn MoreFollow our step-by-step guide to buying your first home in Canada.
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