Search
Generic filters
Filter by Categories
All Condos
Ask Andrew
Insights
New Condos by City
Aurora
Barrie
Beamsville
Bolton
Bracebridge
Bradford
Brampton
Caledon
Calgary
Collingwood
Dundalk
Halton Hills
Hamilton
Kingston
London
Markham
Thornhill
Milton
Mississauga
Cooksville
Port Credit
Square One
Montreal
Newmarket
Niagara Falls
Oakville
Oshawa
Pickering
Richmond Hill
Smithville
Stayner
The Blue Mountains
Toronto
Bayview Village
Beaches
Bedford Park
Briar Hill
Cabbagetown
Corktown
Corso Italia
Danforth Village
Davenport
Distillery District
Downtown
East York
Eglinton East
Eglinton West
Entertainment District
Etobicoke
Fashion District
Forest Hill
Greektown
Harbourfront
High Park
Kensington Market
King East
King West
Leaside
Leslieville
Liberty Village
Little Italy
Mimico
Moss Park
North York
Oakridge
Old Town
Regent Park
Rustic
Scarborough
St. Clair West
St. James Town
St. Lawrence
Stockyards
The Annex
The Junction
The Kingsway
The Queensway
Wallace Emerson
Waterfront
Weston
Willowdale
Yonge and Dundas
Yonge and Eglinton
Yonge and Sheppard
Yonge and St. Clair
Yorkdale
Yorkville
Vaughan
Maple
Thornhill
Waterloo
Whitby
Whitechurch-Stouffville
New Condos by Deposit
10% Before Occupancy
5% Before Occupancy
New Condos by Developer
Acorn Developments
Alterra Developments
Altree Developments
Amexon Development
Andrin Homes
Angil Development
Armour Heights Developments
Artlife Developments
Aspen Ridge Homes
Balder Corporation
Ballymore Homes
Benvenuto Group
Blackdoor Development Company
Block Developments
Branthaven Homes
Briarwood Development Group
Broccolini
Brookfield Residential
BSäR
Camrost-Felcorp
Canderel Residential
Capital Developments
Carlyle Communities
Carttera Private Equities
Castlebridge Development Group
Castleview Developments
CentreCourt
Centreville Homes
Chestnut Hill Developments
Cityzen
Clifton Blake
Collecdev
Concert Properties
Concord Adex
Conservatory Group
Consulate Development Group
Context
Core Development Group
Cortel Group
Craft Development
Creek Village Inc.
Crown Communities
Crystal Homes
Daniels
DC&F Corp
Devron
Diamante Development
Diamond Kilmer Developments
Diamondcorp
Distrikt Developments
Dormer Homes
Downing Street Group
Dundee Kilmer
Edenshaw
ELAD Canada
EllisDon Capital
Emblem Developments
Empire Communities
Fernbrook Homes
Fieldgate Urban
Fifth Avenue Homes
First Avenue Properties
First Capital
Flato Developments
Forest Hill Homes
FRAM + Slokker
Freed
G Group Developments
Gairloch
Genesis Homes
Georgian International
Gordon Wells Ltd.
Graywood
Great Gulf
Greenpark Group
Greenwin
Greybrook Realty
Harhay Developments
Harlo Capital
Homes by DeSantis
Hullmark
Kaleido Corporation
King East
Kingdom Development
KingSett Capital
Lamb Developments
Lanterra
Latch Developments
LCH Developments
Liberty Development
Liberty Hamlet Inc
Lifestyle Custom Homes
Lifetime Developments
LJM Developments
Madison Group
Marlin Spring Developments
Marydel Homes
Mattamy Homes
Menkes
Metropia
Metroview
Minto
New Horizon Development Group
North American Development Group
North Drive
Northam Realty Advisors
Nova Ridge Development Partners
Old Stonehenge
ONE Properties
Options Development
Oxford Properties
Pemberton Group
Phantom
Phelps Homes
Pinnacle International
Plaza
Primont Homes
QuadReal
RAJACan Developments Inc.
Reserve
RioCan
Rise Developments
Rosewater Developments
Royalpark Homes
Royalton Homes
Saxon Developments
Sherwood Homes
Sierra Building Group
Slate
Solmar Development Group
St. Thomas Developments
State Building Group
Summerhill
Sunny Communities
TAS
The Remington Group
The Rockport Group
The Sher Corporation
Time Group Corp.
Treasure Hill
Tribute Communities
Tricar
Tricon Developments
Tridel
Triumphant Group
UrbanCapital
Urbane Communities
VANDYK
Vintage Park Homes
Westbank Corp
Westbank Corp. and Allied Properties
Westdale
New Condos by Occupancy Year
2019
2020
2021
2022
2023
2024
TBA
News
Podcast
True Condos Approved
Uncategorized
Videos
Filter by content type
Taxonomy terms

Pre-Construction Condo Closing Costs Calculator

When it comes to closing costs on pre-construction condos, there is a lot of misinformation out there.

Click here to learn about 5 things you should know about closing costs when investing in a pre-construction condo.

You may have heard some horror stories of buyers being hit with closing costs of $50,000 in extra costs on final closing, and you start to wonder why are thousands of people buying pre-construction condos every year in Toronto if this were true?

The reality is that if you are educated and prepared when buying a new condo, closing costs are nothing to be worried about.

Use our exclusive Pre-Construction Condo Closing Costs Calculator below to get an idea of your upcoming closing costs.

Purchase Price
ESTIMATE Monthly INTERIM/OCCUPANCY Fees.
1st month Common Expenses/Maintenance Fees/Condo Fees
Reserve Fund contributions
Prepaid Property Taxes
Development Charges
Education Levies
Parks Levies
Section 37 Levies
Utility Hook-up charges
Tarion new home WarrantyCheck table here to calculate
Status Certificate (around $100)
Builder's lawyer fee for preparing/registering Title/Deed/Transfer on Closing
Builder's banking fees - wire fees etc.
Electronic Registration Fee
Deposit Administration / Cheque handling fee
Mortgage discharge fees
OTHER
Legal Fees - your lawyer fees
Toronto Land Transfer Tax (if property is in City of Toronto)
Ontario Land Transfer Tax (for all properties in Ontario)
TOTAL Due on FINAL closing for principle residence user IN ADDITION to BALANCE DUE ON FINAL CLOSING
HST due - if this is an investment/rental property:
More on FINAL CLOSING if you do NOT live there (HST Residential Rebate)
Due on FINAL closing for Investors IN ADDITION TO BALANCE DUE ON FINAL CLOSING
Get back in 4 months with 1 year lease with Tenant (HST Rental Housing Rebate)*
Want to use our calculator? Simply copy/paste the embed code below to your website
<div id="truecondos_calculator_conainer_condo" style="padding-bottom:0%;position:relative;display:block;width:100%;overflow:hidden;padding-top:160%;"> <iframe width="100%" height="100%" src="https://truecondos.com/wp-content/uploads/2019/10/condo-closing-costs-calculator.html" frameborder="0" allowfullscreen="" style="position:absolute; top:0; left: 0"></iframe> </div>