Calgary Closing Cost Calculator
Quick Answer
Closing costs in Calgary typically range from $3,000 to $5,000, including Alberta land title transfer ($50 + $2 per $5,000), mortgage registration, legal fees, and inspections. Alberta has no provincial land transfer tax, saving Calgary buyers thousands compared to other provinces.
Calculator
Total Closing Costs
$3,236
🎉 Alberta has NO provincial land transfer tax — saving you thousands compared to Ontario or BC!
💡 What This Means for You
On top of your $50,000 down payment, budget an additional $3,236 for closing costs. Total cash needed at closing: approximately $53,236.
How It Works
Alberta's closing costs are lower than most provinces because there is no provincial land transfer tax. The main government fees are:
- Land Title Transfer: $50 base + $2 for every $5,000 (or portion thereof) of the purchase price.
- Mortgage Registration: $50 base + $2 for every $5,000 of the mortgage amount.
Legal fees in Calgary typically range from $1,200 to $2,000. Title insurance is usually $200–$500. Home inspections run $400–$600.
Real Calgary Scenarios
Condo — $350K
$3,102
estimated closing costs
Townhouse — $500K
$3,210
estimated closing costs
Detached — $750K
$3,390
estimated closing costs
Frequently Asked Questions
Does Alberta have a land transfer tax?
No. Alberta is one of the few provinces with no provincial land transfer tax. You only pay the Alberta Land Titles Office fees ($50 + $2 per $5,000), which are significantly lower than Ontario's or BC's land transfer taxes.
How much are closing costs in Calgary?
Typically $3,000–$5,000 for a standard purchase, including land title registration, legal fees, title insurance, and inspections. This is much lower than cities like Toronto or Vancouver where land transfer taxes alone can exceed $10,000.
Do I need title insurance in Alberta?
It's not legally required but strongly recommended. Title insurance protects against title defects, survey issues, and certain types of fraud. Most lenders require it. Cost is typically $200–$500 as a one-time premium.
Are closing costs tax deductible?
Generally no for your primary residence. However, if the property is a rental/investment, legal fees, appraisal fees, and other closing costs may be deductible. Consult a tax professional.
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