What are typical mortgage closing costs in Canada?
Updated: February 28, 2026CanadaFAQPrivate lending
Quick Summary
Closing costs commonly include legal fees, land transfer taxes (where applicable), title insurance, appraisal, and adjustments. The total varies by province and property price.
People often budget for Down Payment but underestimate Closing Costs.
Common closing cost items
- Legal fees and disbursements.
- Land transfer tax (varies by province/municipality).
- Title Insurance.
- Appraisal and (sometimes) inspection costs.
- Adjustments (property taxes, condo fees, utilities) and lender setup fees.
Practical tip
Ask your broker and lawyer for a simple checklist and a cash-to-close estimate early, especially if you are also paying lender and broker fees.
If you are using private financing, focus on net advance: the loan amount is not the same as what you receive after fees and holdbacks.