The ultimate guide to mortgage closing costs in Canada
There are several additional fees homebuyers should prepare for when shopping for a property — apart from a substantial down payment. Here’s a comprehensive list of closing costs.
April 26, 2022
10-minute read
You’ve saved the money, seen many houses, and, at last, you are ready to make an offer on a home. But as you move toward closing the sale, you’ll have to spend a bit more money. In Canada, almost all home sales come with mortgage closing costs.
Preparing for all of them will ensure you’re not caught off guard — and soon, you’ll get to relax in your brand new home.
About the author
H.G. Watson is a writer based in Toronto. Her work has appeared in Chatelaine, Vice, Flare, Maisonneuve, The Walrus and more. You can find her at @hg_watson on Twitter.
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