Your complete breakdown of Calgary closing costs and Calgary home buying fees.

Buying a home is one of the biggest financial decisions you’ll ever make — but many buyers are surprised by the additional expenses required to finalize the purchase. These closing costs are a normal part of every real estate transaction and understanding them up front can help ensure a smooth, stress-free buying experience.

In this guide, we break down the most common closing costs in Calgary, what they cover, and how much you should budget when preparing to purchase a home.

🔍 What Are Closing Costs?

Closing costs are the fees and expenses you must pay on the day your home purchase becomes officially yours. They typically total 1.5% to 4% of the purchase price, depending on the type of property, mortgage, and professionals involved.

For first-time buyers, these Calgary home buying fees can feel overwhelming — but with proper planning and a clear checklist, they’re very manageable.

🧾 1. Legal Fees & Disbursements

Hiring a real estate lawyer is mandatory when buying a home in Alberta. Your lawyer reviews contracts, manages title transfer, and ensures funds are properly disbursed.

Typical cost:
➡ $1,000–$2,000 (plus GST)

Learn more about Alberta real estate lawyers:
🔗 https://www.alberta.ca/legal-services.aspx

🏦 2. Mortgage-Related Costs

If you’re financing your home, your lender may charge additional fees, including:

• Appraisal fees

• Mortgage default insurance (if down payment <20%)

• Title insurance

• CMHC or insurer premiums (added to mortgage)

Typical cost:
➡ $300–$600 for appraisals
➡ CMHC premiums vary by down payment size

Learn more:
🔗 https://www.cmhc-schl.gc.ca/

📑 3. Land Titles Registration Fees

In Alberta, every property transfer must be registered with the Land Titles Office. Fees include both the mortgage registration and the property transfer registration.

Typical cost:
➡ Based on property price and mortgage amount (generally $200–$400+)

Fee schedule:
🔗 https://www.alberta.ca/land-titles

🔍 4. Home Inspection Fees

While not legally required, a home inspection is strongly recommended. Inspections help uncover hidden issues and protect you from unexpected repair costs.

Typical cost:
➡ $400–$700

💡 5. Property Tax Adjustments

Depending on the time of year, you may owe the seller a portion of the annual property taxes. Your lawyer calculates this during closing.

Typical cost:
➡ Varies based on possession date

⚡ 6. Condo Document Review (If Buying a Condo)

Calgary condo buyers must review essential building documents, including reserve fund studies, bylaws, and financials. You may choose to hire a professional reviewer.

Typical cost:
➡ $250–$500 for a condo doc review
➡ $100–$200 for additional document requests

📦 7. Moving Costs

While not technically a closing fee, moving expenses should be considered in your overall budget.

Typical cost:
➡ $500–$2,000 depending on distance and volume

📌 What Should You Budget for Closing Costs in Calgary?

As a general rule of thumb, Calgary home buyers should budget:

👉 1.5%–4% of the purchase price

This ensures you’re prepared for legal work, inspections, land title fees, and lender costs.

For example:

• $450,000 home → expect $6,750–$18,000 in closing costs

• $600,000 home → expect $9,000–$24,000

📘 First-Time Buyers: Extra Support & Savings

If you're a first-time buyer, you may qualify for:

• The First-Time Home Buyer Incentive

• RRSP Home Buyers’ Plan

• CMHC programs and tools

Learn more:
🔗 https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsp-related-plans/home-buyers-plan.html

These programs can help reduce overall costs or improve affordability.

🏁 Final Thoughts: Why Understanding Closing Costs Matters

Knowing your Calgary closing costs in advance removes stress, improves budgeting, and helps you feel confident during the home-buying process. Whether you're purchasing your first property or your fifth, having a clear plan ensures a smoother, more predictable transaction.

If you’d like a personalized estimate of Calgary home buying fees, neighbourhood insights, or help navigating the buying process, I’m here to assist every step of the way.