Purchase of Property in Ontario
Our real estate lawyers have over 20 years of experience. We tailor our service to your individual circumstances, and we understand that the needs of a first-time homebuyer vary greatly from those of our serial investor clients.
At the outset of the transaction, we will introduce your own dedicated legal team who are always apprised of your file and will walk you through the transaction. Our objective is to take over all aspects of the closing so that you can focus on the other parts of your move.
If you need a real estate lawyer, please contact our office for a FREE initial consultation and a quote on our services to close your purchase, sale and/or refinance transaction.
Whether you are a first-time home buyer or an experienced investor, our goal is to ensure that the process of purchasing your property in Ontario is as smooth and stress-free as possible.
We offer fixed-rate affordable closing costs for property purchases across Ontario.
All Inclusive Quote Including Disbursements
$1,299.99
The only things you add are tax (13%), land registry office fees, title insurance and land transfer tax!
No hidden or surprise fees! Hundreds of happy clients and families served every year!
We are rated as one of Toronto’s most affordable and best rated transactional real estate law firms in Toronto.
Sample Quote for Standard Purchase with Mortgage:
1) Legal fees including disbursements - $1,299.99 plus tax
2) Land Registry Office Fees to Register Ownership and Mortgage - $84.23 per registration (no tax) for a total of = $168.46
3) Title Insurance - cost is based on your purchase price of approximately $1 per thousand of purchase price. Get Title Insurance quote here: https://www.stepsonline.ca/quote/calculatorview
4) Land Transfer Tax - if you are a first time home buyer, you will receive the rebate automatically
Call us for more details at 416-299-0050 or email us through our website to office@ganganilaw.com
We would be happy to provide you with an no obligation quote for your upcoming transaction!
What are disbursements?
Disbursements are the costs that the law firm incurs while working on your transaction. Most law offices charge their clients for disbursements on top of their legal fees. This method of billing can add hundreds of dollars of unexpected costs. With us, our quotes include disbursements!
Disbursements Included In Our Quote:
Ownership Deed and One A Class Institutional Lender Mortgage preparation
Title searches (1) parcel and execution writ searches
Conveyancing software charges
Cheque certifications/Wire Fees
Courier and postage costs
Travel
Photocopying
Faxing
File storage
-No hidden fees, no surprises!
*Our flat rate legal fee applies to a residential single family dwelling on city services under $1,500,000, being vacant on closing with one first mortgage from Class A bank with no other encumbrances or liens on title. Our disbursements (if applicable) comply with LSUC Rule 4.2-2.1: HST, government document registration fees, fees charged by government Teranet fees, costs of condominium status certificate, lawyers creditor's letters and title insurance. The fee is valid if our firm is retained and receives the Agreement of Purchase and Sale at least 5 business days prior to closing. If any unforeseen issues arise, you will be notified immediately. Additional charges may apply to rush transactions, investment properties, commercial properties, condominium occupancy closings, bridge loan mortgages or any other matter beyond the scope of a standard real estate purchase transaction.
Lenders we are authorized and regularly work with:
The Toronto-Dominion Bank (TD)
Canadian Imperial Bank of Commerce (CIBC) and Simplii Financial
The Bank of Nova Scotia (Scotiabank) and Bank of Montreal (BMO)
Royal Bank of Canada (RBC)
Tangerine Bank
Equitable Bank
Home Trust, Effort Trust, Parama Credit Union, Meridian Credit Union
National Bank of Canada
HSBC and most other credit Unions!
We are approved and work for all major Lenders and Credit Unions in Ontario!
Why Choose Us For your Purchase transaction?
1) Work directly with an experienced lawyer - The difference with us is you will work and meet directly with one of our lawyers. We are licensed and insured to practice real estate law. Communication and responsiveness is very important to us and is one of the main reason why our clients love our service!
2) Experienced, Responsive and Quality Services - We have over 20 years of combined experience having closed thousands of real estate transactions. Not only do we handle real estate transactions but we also handle real estate disputes and negotiations should things go wrong. Most real estate lawyers practice are limited to only real estate law; not us. We handle real estate negotiations and disputes and can refer you to some of Canada’s top tax lawyers should your matter require this. Our clients have rated us as one of Toronto’s best rated real estate law firms on Google for a reason!
3) All Inclusive Quotes - Unlike most law firms who charge disbursements on top of their legal fees, our approach is different. Our legal fees are straight forward and include disbursements, so you have one less thing to worry about!
We offer competitive quotes - we don't have unhappy customers. You’ll end up spending more money in the long run going with the cheapest law firm where you may not even get to speak to the lawyer handling your deal.