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Canadian Real Estate Statement of Adjustments Calculator

Estimate your closing day prorations for property taxes and condo fees. In Canada, the buyer owns the property on the day of closing, so they are responsible for the property taxes and condo fees starting on the closing date.

Adjustment Details

Property Taxes

Condo/Maintenance Fees

Leave at 0 if freehold property.

Statement of Adjustments Summary

Purchase Price $0.00
Less: Deposit -$0.00
Property Tax Adjustment
$0.00
Condo Fee Adjustment
$0.00

Balance Due on Closing

Amount Buyer pays to Seller (excluding legal fees, land transfer tax, etc.)

$0.00

Related Calculators

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Closing Costs Estimator

Cash needed on closing: LTT, CMHC PST, legal, title insurance.

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Land Transfer Tax (LTT)

Provincial and municipal land transfer tax with FTHB rebates.

 🛡️

CMHC Insurance Premium

Default insurance premium tiers and PST due on closing.

 📉

Capital Gains Tax

Inclusion rates after June 2024 rules for individuals and corps.

 🏷️

HST New Housing Rebate

GST/HST new housing and NRRP rebates (Ontario).

 🏛️

Property Tax Estimator

Municipal mill rates for major Canadian cities.

 🏡

Principal Residence Exemption

Tax-free portion of gain using the 1+ years rule.

 🔄

Change in Use (Deemed Disposition)

Calculate deemed capital gains tax and Section 45(2)/(3) deferrals when converting a primary residence to a rental or vice versa.

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