Our Fees

/Our Fees
Our Fees 2017-04-02T02:59:05+00:00

Please note that additional work as a result of title problems, Power of Attorney’s, Bridge Financing, 2nd Secured Line of Credits, Holdbacks or other unusual circumstances may result in additional fees and charges. This offer is subject to change at any time. Please contact our office directly for purchases or sales of: concession lots, vacant land, multiple units, cottages and commercial properties.

We are service providers with Brookfield Global Relocation Services.

Forms of payments include certified cheque, bank draft, cash, e-transfers and personal cheques, where applicable. We do NOT accept debit or credit.

 

Purchases

FEES STARTING FROM $699.00 + DISBURSEMENTS OF $450 + Title Insurance + HST 

Our rate applies for a purchase of a standard single family dwelling up to a purchase price of $500,000.00. Approximate disbursements covers out of pocket expenses except for the following: $20 + HST conveyancer fee; Title Insurance, Registration costs; and Ontario Land Transfer Tax. Read more about our purchase transactions.

For condominium purchases, please note that the condominium corporation charges $100 for the preparation of a status certificate. This fee is not included in our noted disbursements above. There is also an additional fee for our firm to review the said status certificate. This fee is not included in our rate noted above. Read more about condominium purchases.

For new home purchases, please note that if there will be an interim occupancy closing, we charge additional fees of $250 + HST + related disbursements. This fee is not included in our rate and is payable at the time of the interim occupancy date.

If mortgage instructions are received (for the first time, or are revised or there is a change in the lender) within 3 days of the closing date there will be an additional charge of a minimum of $200 + HST.

 

Sales

FEES STARTING FROM $599.00 + DISBURSEMENTS OF $300 + HST

Our rate applies for a sale of a property with payout/discharge of one mortgage. Approximate disbursements covers out of pocket expenses except for the following: $20 + HST conveyancer fee. Read more about sale transactions.

Please note, that if you will be obtaining bridge financing, we charge additional fees of $150 + HST + related disbursements. This fee is not included in our rate.

 

Refinances

FEES STARTING FROM $499.00 + DISBURSEMENTS OF APPROX. $435 + HST 

Our rate applies for a refinance of a property with payout/discharge of one mortgage. Approximate disbursements covers all out of pocket expenses except for the following: $20 + HST conveyancer fee. In the event of debt restructuring, please contact our office for a quote. With debt payment, we typically charge additional fees of $75 + HST per debt. Read more about refinance transactions.

 

Notary Public and Commissioner of Oaths’ Flat Rates

Starting at $75.00 + HST

We offer notary and commissioner of oaths’ services starting at $75.00 + HST. Always call for a quote if you need a document drafted or more than a simple signature. We may also ask you to send a copy of the document either by email or facsimile for our review before quoting. For more about our notary and commissioner of oaths’ services, click here.

 


CONVEYANCER FEE
: Our office uses a conveyancing program that charges a $20 + HST document licensing fee per file opened. Please note that this amount is subject to change.

TITLE INSURANCE: When financing a purchase and/or when refinancing, title insurance is now mandatory and is a bank requirement. Our offices tend to use Stewart Title Insurance by default. For premiums above $500,000.00, please contact our office.

ONTARIO REGISTRATION COSTS: The province of Ontario provides electronic registration of land-related documents, such as a transfers or mortgages. The province of Ontario currently charges approximately $75.27 per electronic land registration.

ONTARIO LAND TRANSFER TAX: Land Transfer Tax is a tax levied by the Province of Ontario whenever land is transferred from one person to another (except in a few circumstances). The amount is payable by the Buyer and varies with the price of the purchase. Read more about Land Transfer Tax and calculate the Land Transfer Tax on your new purchase.

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