Expenses of Home Buying

Downpayment 5% to 20%

Land Transfer Tax 1% of purchase price

Deposit ~ $5,000 – $10,000

Property Tax 0.5% to 1.9% of purchase price

Lawyer Fees + Disbursements ~ $500 – $700

Mortgage Insurance ~ $20 – $50

Home Insurance – ymmv

Home Inspection ~ $500 – $700

Moving Expenses – ymmv

NB Power Hook-up ~ $50

Any Repairs ymmv