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384 Richmond Road

Ottawa, ON   K2A 0e8

 

Office: 613.729.9090

Fax: 613.729.9094

E-mail: info@irvingRealEstate.ca

© 2014, Irving Real Estate. All Rights Reserved. Not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.

 

The material provided in the pages of this website is for informational purposes only. Although the site owner and creators assume the information to be correct, and attempt to keep information in the pages of this website as current as possible, they do not warrant the accuracy or completeness of any information included in or linked to this page.

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Typical Real Estate Purchasing Costs

As a buyer, you will not have any upfront costs, until a deal is negotiated for your new home. After negotiation takes place you should be aware of some potential costs:

Steps of buying a home

Pre Purchase Costs

Home Inspection Fees – Varies with size of house and extent of inspection

Septic, well inspection fees – If applicable

Overall buyers should plan for closing costs equivalent to1.5 to 2% (estimate) of the purchase price.  This is a rough estimate which includes various fees listed below (all may not be relevant to your purchase);

Closing Costs

Legal Fees and Disbursements

Registration Costs

Title Insurance/Survey – Purchased through your lawyer

Hook-Up Fees – Utilities, etc

Insurance

Land Transfer Taxes – Example calculations below; 

At no time will you be paying funds to Irving Real Estate as a buyer.

If you’re a new home buyer, then you’re the lucky ones as you get a break!! Your land transfer Taxes for Provincial level is reduced by $2000.00

New Home Buyers