What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.9%
$
Down:or type any amount above
This price requires at least 7.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$20,475
Legal · title · inspection$2,800
Closing costs$23,275
Down payment$95,000
Total cash to close$118,275
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.