Closing Costs When Buying in Mississauga
Written by Firas Swaida, RE/MAX Realty Services Inc., Brokerage. Updated July 2026.
When you buy a home in Mississauga, the purchase price is not the only cost. Plan for closing costs on top, usually a few percent of the price. The biggest one is land transfer tax.
Ontario charges a provincial land transfer tax on most purchases, calculated on a sliding scale by price. First time buyers may qualify for a rebate on part of it. Note that homes inside the City of Toronto also pay a second, municipal land transfer tax, while Mississauga does not, which is one reason some buyers look west.
Other typical closing costs include legal fees, title insurance, a home inspection, and adjustments for prepaid property taxes or utilities. Firas Swaida will give you a clear estimate for your specific purchase so there are no surprises at closing.