What other costs can you expect?

  • Interest adjustments between date of closing and first mortgage payment
  • GST/HST on a new home or a home that's been extensively renovated
  • Title insurance to provide coverage for losses related to title fraud, survey issues, problems with the title and challenges to the ownership of your home
  • Service charges from utility companies for hook-ups on electricity, gas, internet and telephone services
  • Appraisal fees
  • Moving costs
  • Storage costs if you must leave your current residence before you are able to move into your new home
  • Furniture and appliances
  • Real estate commissions