You saved your down payment. You got your mortgage pre-approval. You’re finally ready to buy your first home. And then the bills start piling up.

Land transfer tax. Legal fees. Title insurance. HST. CMHC insurance. Surprise costs that hit you before you even get the keys. In this episode, we break down the real cost of homeownership in the GTA and why so many buyers feel blindsided by the closing process.

The system isn’t broken, it’s just stacked with hidden fees no one prepared you for.

We ask the real questions: Why does land transfer tax feel like a fine for buying a home? Why isn’t the HST on pre-construction made crystal clear? And why aren’t we teaching this stuff in high school?

If you’re thinking of buying a home, or just want to know where your money’s really going, this episode is for you.

In today’s episode, we cover:

• The biggest surprise costs that first-time buyers face at closing
• How much land transfer tax really costs in Toronto and who qualifies for a rebate
• The HST trap on pre-construction homes and why it shocks so many investors
• Paying for inspections and appraisals in today’s competitive market

If you’ve ever bought a home, what’s one cost that caught you by surprise?

Drop a comment and share your story. And if you’re buying soon, take notes. This episode could save you thousands. Don’t forget to like, comment, and subscribe for more.

Looking to buy or sell real estate in the GTA? Reach out at dcinelli@royallepage.ca or DM me on Instagram at @davidvcinelli_realtor