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The real closing costs
nobody warns you about.
An honest, line-by-line estimate of what you'll see on your statement of adjustments — based on Guelph and Wellington County numbers.
Property Details
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Affects CMHC insurance + PST on insurance
Legal & Insurance Options
Estimated Closing Day Costs
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Range: $0 – $0
Govt. & Tax
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Legal & Admin
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Other costs to budget for (not closing costs):
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Government & Tax
Legal & Administrative
Other costs to budget for (not closing costs)
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This calculator shows closing-day costs only. These are the line items you'll see on your statement of adjustments — money owed at closing. Other costs of buying a home are listed below.
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Transaction costs (paid before closing). Home inspections (~$500) and condo status certificate fees (~$100) are paid during the offer or conditional period — not at closing. Budget for these when making an offer.
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Property tax & condo fee adjustments. If the seller has prepaid property taxes or condo fees beyond your closing date, you'll reimburse them on the statement of adjustments. This may show up as a credit or a debit and varies based on closing date — your lawyer will calculate the exact figure.
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Move-in costs. Moving (typically $500–$2,000) and utility setup/hookups (hydro, gas, internet) are not part of closing but should be in your overall budget.
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Development charges & education levies (new builds). Most builders in Guelph aren't passing these back to buyers in 2026, but some still do. During your cooling-off period, have your lawyer review the APS and either request these charges be waived entirely or capped at a fixed amount.
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Interim occupancy fees (condos & stacked towns). If your unit registers before final closing, you'll pay a monthly fee during occupancy that covers builder interest, property tax, and maintenance. This is a recurring monthly cost — not a one-time closing cost — and the duration depends on the project. Your lawyer will explain the structure during contract review.
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This is an estimate. Final closing costs depend on your specific lawyer, lender, closing date, and contract terms. Always confirm with your real estate lawyer before closing.
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