Mississauga buyers and sellers are often closing on condos in the City Centre area, townhomes, or detached homes in established neighbourhoods. We handle the legal work from the agreement to the keys, from our office on Davand Drive.
Real estate agents and brokers have reviewed our work on this site.
What is different about closing in Mississauga
- No municipal land transfer tax. Only the City of Toronto charges one, so Mississauga buyers pay Ontario's provincial land transfer tax only
- Condo purchases need a review of the status certificate, reserve fund and any special assessments
- Pre-construction condo and townhome closings involve occupancy periods and builder adjustments
- Peel Region land registry: transfers are registered electronically for properties in Mississauga
Buyers moving from Toronto
If you are selling in Toronto and buying in Mississauga, your sale will carry the Toronto land transfer tax implications and your purchase will not. Our calculator shows both so you can plan the cash you need on closing.
Frequently asked questions
Do I pay Toronto's land transfer tax if I buy in Mississauga?
No. Toronto's municipal land transfer tax applies only to property inside the City of Toronto. Mississauga purchases pay the Ontario provincial tax.
Do you review condo status certificates?
Yes. For condo purchases we review the status certificate and the condominium's documents for reserve fund health, special assessments and rules that may affect you.
Last updated: .This page is general information about Ontario law, not legal advice. Every situation is different; speak to a lawyer about yours.
