Episode #162 | Do you need CASH 💵 to close on Your Home? We're Breaking it Down Line by Line! | Toronto Real Estate
About this episode
The episode breaks down the various costs associated with buying a home in Toronto, highlighting the cash needed on closing day.
Buying a home in Toronto costs more than the purchase price, and most buyers are shocked by how much cash they actually need on closing day.In this episode of The Toronto Real Estate Podcast, Ralph Fox and Kori Marin break down the real costs of buying a home in Toronto in 2026, including double land transfer tax, first-time home buyer rebates, legal fees, disbursements, title insurance, CMHC insurance, PST on mortgage insurance, HST on new construction, closing adjustments, moving costs, home insurance, and the hidden costs of buying pre-construction condos. ____________________________________________________ Speakers: Ralph Fox (Co-Founder and Broker of Record at Fox Marin) Kori Marin (Co-Founder and Broker at Fox Marin)
Topics covered
- real estate
- home buying costs
- Toronto housing market
- closing costs
- first-time home buyers
- pre-construction condos
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