What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$186,450
Legal · title · inspection$2,800
Closing costs$189,250
Down payment$1,599,800
Total cash to close$1,789,050
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$7,999,000
Neighbourhood market
The 1044 - TR Rural Trafalgar market
How homes are selling here right now — sold data for April 2026.
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