Kingsway Real Estate Brokerage

Condos and Houses for Sale in Mississauga

Elena Vankevich, Sales Representative
Kingsway Real Estate Brokerage

Call Elena at 647 388 5950 647-388-5950
Email Elena elena.vank@gmail.com elena.vank@gmail.com

 Elena Vankevich Sales Representative

Elena
Vankevich

SALES REPRESENTATIVE

Kingsway Real Estate
151 City Centre Dr 300
Mississauga, Ontario L5B 1M7
Phone: 647-388-5950 (24 Hr.)
Email: elena.vank@gmail.com
My Blog - Square One Condos

What You Need to Know About Closing Costs

LEGAL FEES
$1000 - $1500 for an average size home

LAND TRANSFER TAX
0.5% on the first $55,000 of the purchase price, plus
1.0% on the amount exceeding $ 55,000 up to and including $250,000 Plus
1.5% on the amount exceeding $250,000 up to and including $400,000 Plus
2.0% on the amount over $400,000

Eg. ON A $400,000 PURCHASE THE LAND TRANSFER TAX IS $4,475.00

HOME INSPECTION
Approximately $450 for a 2500 sq ft home

TOTAL CLOSING COSTS
Your closing costs will range from $5000 to $7000 for a $400,000 property. If you are a First Time Home Buyer you can take advantage of the Land Transfer Tax Rebate of up to $2000, click HERE to find out more.