What are typical closing costs for buyers in Edmonton?
Quick Answer
Short answer: Budget 1.5–2% of purchase price for legal, inspection, tax, and adjustments.
Detailed Explanation
Because Alberta has no land-transfer tax, closing costs are lower than in B.C. or Ontario. The big-ticket items are:
- Lawyer & disbursements: $1,100–$1,400
- Home inspection: $450–$600 (plus $150 sewer scope)
- Title registration & mortgage registration: ~$350 combined
- Property-tax adjustment: varies by possession date
Add moving, insurance, and utility deposits to round out the budget.
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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