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A $900,000 Ontario purchase closes with about $23,701 due on top of the price, and about $38,292 inside Toronto. Every line itemised, with the source for each figure and which ones you can avoid.
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A Toronto condo's asking price is only half of what it costs. Here is what the maintenance fee pays for, what pushes a building to the top of the fee range, and how property tax and insurance add up to a real monthly number.
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Ontario power of sale runs on notice periods, not court hearings: 15 days of default, then 35 days after notice. Here is what the Mortgages Act requires, what the lender owes the borrower, and what a buyer takes on.
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