Toronto Purchase Closing Costs

Home Buying Closing Costs Toronto GTA Real Estate

How much are the closing costs? How much money do you need in addition to your deposits. All are answered here with a financial income requirement worksheet.

Calculate Land Transfer Tax

Am I able to get First Time Buyer Rebates?

Home Buying Calculation sheet is generated on each property we are seriously considering during our shopping process. At this point you would have already decided condo or freehold ownership, Fixed or Variable Funding for your mortgage.

The Top Half of the Worksheet describes monthly debt payment calculations

The bottom half describes the Taxes and expenses relative to each purchase.

The new HST (Harmonized Sales Tax) will alter many items.

Any House

MLS Sales Toronto The Sky didn't fall!

Greater Toronto REALTORS® report 8,107 Resales in April

TORONTO, May 6, 2009 - In April 2009, Greater Toronto REALTORS® reported 8,107 sales – down seven per cent from April 2008. While April sales remained lower than last year, the  resale housing market gained momentum on a month-over-month basis. The seasonally adjusted annual rate of sales in April, at 80,900, was up 26 per cent from March and up twothirds compared to January’s ten-year low.1

“Conditions in the resale housing market have improved markedly this spring,” according to TREB President Maureen O’Neill. “Home purchases have increased as households have taken

advantage of low interest rates and slightly lower home prices.”

The average price for April transactions was $385,641 – down three per cent from last year.

“The rate of average price decline continued to diminish last month. This is due in large part to a

tightening in the resale market,” stated Jason Mercer, TREB’s Senior Manager of Market 

Analysis. “The level of sales relative to new listings increased in April.”

Download complete report HERE  If you would like to receive the Market watch report and my monthly newletters and ramblings please complete the sign in details here; 

April Sales were strong at 3,078 units and 9,157 listings available. This is reflected in the fact that 5087 units were listed in that same period. Days outstanding to sell west Toronto 37 days.

Should you be considering the sale of your home I would be pleased to provide you with a Market Evaluation.