BuyerPresentation-Lowres

CLOSING DAY - WHAT TO EXPECT?
ADDITIONAL COSTS
LAND TRANSFER FEE - If you
are a first time buyer you will get
a $4000 rebate which will go
towards the fee (Toronto has 2
land transfer taxes).
On our website you can find our
Land Transfer fee calculator at
www.crozier-realty.com/buyers/
calculators/ this will help give
you an exact cost.
LAWYER FEE
They vary in fee between lawyers
from $900- $1500 on average
with adjustments added as
required i.e title search fee.
We recommend setting aside
2-3% of the purchase price to
allocate for all closing costs
including moving costs. The
1% fee mortgage lenders want
to see in your account prior to
closing and any minor changes
or renovations you may be doing
i.e painting.
KEYS
Keys will be in the lockbox at the
property or at the lawyers office
for pick up.
The code will be released by
the lawyer usually between
4-6pm, sometimes you will get
them earlier but its a good rule
of thumb to plan for the late
afternoon.