When buying a home in Canada, there are various closing costs that you should be aware of. These costs are separate from the purchase price of the property and can vary depending on factors such as the location and the specifics of your transaction. Here are some common closing costs associated with buying a home:

• Legal fees: You'll need to hire a real estate lawyer or notary public to handle the legal aspects of the transaction. They will charge fees for their services, which can include reviewing the purchase agreement, conducting a title search, preparing documents, and facilitating the transfer of ownership.
• Land transfer tax: This tax is payable to the provincial government and is based on a percentage of the purchase price of the property. The amount can vary depending on the province or territory where the property is located. Some provinces offer first-time homebuyer exemptions or rebates for this tax.
• Title insurance: Title insurance protects you against any defects or issues with the property's title. The cost of title insurance can vary but is typically a one-time payment.
• Home inspection: While not mandatory, it is highly recommended to have a professional home inspection conducted. The cost of a home inspection can vary based on the size and complexity of the property but is typically paid out of pocket.
• Appraisal fee: Your lender may require an appraisal of the property to assess its value and ensure it meets their lending criteria. The cost of the appraisal is generally paid by the buyer and can range from a few hundred to several hundred dollars.
• Mortgage insurance: If your down payment is less than 20% of the purchase price, you will likely need to pay for mortgage loan insurance, which protects the lender in case of default. The premium is calculated as a percentage of the mortgage amount and can be paid upfront or added to your mortgage payments.
• Home insurance: Before closing, you will need to arrange for home insurance to protect your property and belongings. The cost of home insurance can vary based on factors such as the property value, location, and coverage options.
• Adjustments: Adjustments may be necessary to account for expenses prepaid by the seller, such as property taxes or utility bills. These adjustments ensure that you are responsible for paying your share of these expenses from the closing date forward.

It's important to budget for these closing costs in addition to your down payment and mortgage payments. The exact amount of closing costs will vary based on your specific circumstances and the property you are purchasing. Consulting with a real estate professional, lawyer, or notary public can provide you with a more accurate estimate of the closing costs associated with your home purchase.