The real cost of a brand-new condo is more than the sticker price. Estimate your down payment, mortgage, land transfer tax, closing costs, property tax, pre-construction occupancy fees and the 2026 HST rebate, all in one place. Estimates only, not a quote or financial advice.
Toronto adds a municipal land transfer tax on top of Ontario's.
Defaults are typical GTA estimates. Development levies are often capped by the builder; condo fees, Tarion enrolment and the interim-occupancy interest rate vary by project.
Estimated maximum, usually credited to the builder or received after closing, so it typically isn't cash you bring to the table. Open the full HST calculator →
Canadian fixed-rate estimate (semi-annual compounding). Not a mortgage quote or pre-approval.
Pre-construction deposits are staged over milestones (illustrative split shown; the actual schedule varies by builder).
Estimated monthly "occupancy fee" you pay the builder after move-in but before final closing (interest on the unpaid balance + property tax + condo fees). Not part of your mortgage; varies by project.
Estimates only, not financial, mortgage, tax or legal advice, and not a quote or pre-approval. Figures use typical GTA assumptions and 2026 rules (Ontario & Toronto land transfer tax, first-time-buyer rebates, CMHC premium tiers, minimum down-payment rules, and the proposed enhanced HST rebate). Actual amounts depend on the suite, lender, your qualification, the builder's deposit structure and levies, and current legislation. Land transfer tax, CMHC and HST rebate rules change. Always confirm with your mortgage broker, lawyer and a tax professional. See our Privacy & CASL Policy.