Commercial Closing Costs
Commercial closing cost calculator
Audience: commercial investors and developers. Land transfer tax, GST/HST, commercial legal, appraisal, environmental Phase 1/2 and financing fees — all in one estimate.
Your deal
Transaction
Province
Mortgage type
Environmental report
Override fee estimates
Estimated closing costs
$53,500
Cash you'll need at closing, on top of your down payment.
- Land transfer tax$38,000
- Legal fees$8,500
- Appraisal$3,500
- Environmental Phase 1$3,500
GST (5%) self-assessed: $100,000 reported on the GST/HST return and typically offset by an input tax credit — no cash owed at closing.
Estimates only. Legal ($7,500–$10,000), appraisal ($2,500–$5,000) and environmental ($2,500–$10,000) ranges vary by lender, property and complexity. Insured A residential mortgages typically waive appraisal. Refinances don't pay land transfer tax. Get the exact numbers in your quote.
Where your closing cash goes
Each bar is one line item from the list above. The biggest bar is usually the one to negotiate or shop hardest.
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We'll give you exact legals, appraisal, financing fees and lender quotes for your specific deal — not a calculator estimate.
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Also see: Commercial broker fees · Cap rate & DSCR.