Closing Costs in Ontario 2026: What GTA Buyers Actually Pay (Mississauga vs Toronto)
Monday Jun 1st, 2026
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The down payment gets all the attention, but it is the closing costs that catch GTA buyers off guard. On a $1,050,000 townhouse in Clarkson, you should have roughly $21,000 to $22,000 in cash ready on closing day, on top of your down payment. Buy at the same price in the Junction instead and that number jumps by about $14,000, because Toronto charges its own land transfer tax that Mississauga buyers never pay. Here is the full list of what you actually pay at closing in 2026, which costs are... [read more]
