Additional Purchasing Costs

Budget Wisely

There are many additional closing costs you need to consider when buying a home.  Aside from your down payment you should budget for approximately an additional 2% of your purchase price to cover these costs.  These may include:

One-time Fees include:

  • Legal fees and disbursements
  • Property land transfer tax
  • Property tax adjustments
  • Interest
  • Home inspections, appraisal fees, water quality test
  • Moving Expenses
  • Home Insurance

Regular Monthly Expenses include:

  • Homeowners insurance
  • Utility costs (Hydro, gas, water, cable, telephone, internet services)
  • Repairs and maintenance
  • Mortgage payments (Weekly, biweekly, or monthly)
  • Property taxes
  • Condo fees (If applicable)
If you have any questions, or concerns, contact us at 204-987-9808 or toll free at 1-877-778-3388