Martin Diegel Barrister and Solicitor

Martin handles real estate transactions related to residential, commercial and condominium matters for both a Vendor and a Purchaser including:

The following fees are estimated based on an uncomplicated transaction and not one where there are significant title issues or conveyancing problems. The fees set out for Lawphone and other legal service clients are in accordance with the Service Provider Agreements.

The Office handles real estate transactions relating to residential, commercial and condominium matters for both the Vendor and the Purchaser, including:

● Purchases (Single Family Residential)

If you are acquiring property, you may expect the following expenses to be incurred:

FEES (exclusive of disbursements and G.S.T.):

Purchase Transaction $650.00 and $1,600.00
(depending on work involved - most purchases average $750.00)

General Disbursements:
a) Photocopies $.30 per page
b) Telecopier Charges $.50 per page
c) Courier Charges $1.99 to $35.00 per courier
(Depending on Destination and priority)
d) Long Distance As charged by Bell Canada
e) Search of Title $75.00 to $350.00
(depending on complexity of title)
f) Transaction Levy Surcharge $50.00

** GST is added to the above disbursements **

Registrar Fees (Payable to Minister of Finance):
g) Register Transfer $70.70
h) Register Mortgage $70.70
i) Execution Certificates $11.00 per name

Miscellaneous:
e) Estoppel Certificate $107.00
(only required for condominiums)
f) Water Certificate $30.00
g) Tax Certificate $50.00
h) Hydro Certificate $10.00 to $50.00 **
i) Fire Certificate $50.00 to $100.00 **
j) Building & Zoning $35.00 to $125.00 **
k) Work Orders $50.00 to $100.00 **

** Cost dependant on Municipality fees

Title Insurance:
Title Insurance may be obtained at a cost of $270.00 which insures both the owner and the Mortgagee. Martin recommends purchasing Title Insurance as the costs associated with Execution Certificates may be lower and the costs of Water, Tax, Hydro, Fire, Building & Zoning and Work Order Certificates are usually eliminated because they are usually not required by the Mortgagee. As well, the cost of a new Survey, which may be required by the Mortgage company may be eliminated because many deficiencies which an up-to-date Survey might disclose would be covered under the policy, particularly setbacks for zoning purposes. Transaction Levy Surcharges would also not be required.

Land Transfer Tax:

Land Transfer Tax is payable to the Minister of Finance on registration of the Transfer. The Tax is calculated as follows:

Purchase Price (up to $55,000.00) x .005%
Purchase Price ($55,000.00 to $250,000.00) x 1% - $275.00
Purchase Price (Over $250,000.00) x 015% - $1,525.00
Purchase Price (Over $400,000.00) x .02% - $3,525.00

● Sales

If you are selling property, you may expect the following expenses:

FEES (exclusive of disbursements and G.S.T.):

Sale Transaction with Discharge of Previous Mortgage $450.00 to $650.00
Sale Transfer with No Discharge of Previous Mortgage $375.00 to $575.00
DISBURSEMENTS:

General:
a) Photocopies $.30 per page
b) Telecopier Charges $.50 per page
c) Courier Charges $1.99 to $35.00 per courier
(Depending on Destination and priority)
d) Long Distance As charged by Bell Canada
e) Search of Title $75.00 to $350.00
(Depending on complexity of title)
f) Transaction Levy Surcharge $50.00

** GST is added to the above disbursements **

Registrar Fees (Payable to Minister of Finance):
e) Register Discharge $70.70 per document

● Refinancing (Mortgage)

If you are in the process of refinancing property, you may expect your legal costs to be dependant on who the Lender as this will largely dictate the fees. Certain Lenders have significant legal requirements which result in increased legal fees. In certain cases, the legal fees will be the same as a purchase. Most will be less.

DISBURSEMENTS
General:
a) Photocopies $.30 per page
b) Telecopier Charges $.50 per page
c) Courier Charges $1.99 to $35.00 per courier
(Depending on Destination and priority)
d) Long Distance As charged by Bell Canada
e) Search of Title $75.00 to $350.00
(Depending on complexity of title)
f) Transaction Levy Surcharge $50.00

** GST is added to the above disbursements **

Registrar Fees (Payable to Minister of Finance):
g) Register Mortgage $70.70
e) Execution Certificates $11.00 per name

Miscellaneous:
f) Estoppel Certificate
(if condominium) $107.00
g) Water Certificate $30.00
h) Tax Certificate $50.00
i) Hydro Certificate $10.00 to $50.00 **
j) Fire Certificate $50.00 to $100.00 **
k) Building & Zoning $35.00 to $125.00 **
l) Work Orders $50.00 to $100.00 **

** Cost dependant on Municipality fees

To obtain estimates on Commercial, Industrial and Multi-Residential transactions, please contact Martin with the details of the property in hand so that we may discuss what the fees would be.

Any leasing services are usually billed on an hourly basis, although as part of a larger transaction, we may discuss adding it into a fixed quote.