To understand the true townhouse closing costs in Humber Bay Shores, this practical breakdown analyzes every expense beyond the headline list price.
Comparing Down Payment Scenarios for Townhouse Closing Costs
The list price is only part of the story.
For most people buying a home in Toronto, the biggest shock isn’t the monthly payment—it’s the five- or six-figure sum you need just to get the keys.
In this breakdown of a beautiful Humber Bay Shores townhouse listed at $1,268,000, I outline the two most common scenarios:
- A minimum down payment purchase.
- A 20% down payment purchase.
The critical number isn’t just the down payment. It’s the total cash required to close. For the minimum down scenario, that’s over $144,000. That’s the clarity you need before you even make an offer.
My commitment is to provide a five-star experience, and that starts with a credible, detailed budget. No surprises.
Ready to create a practical budget for your own home search? Contact me today for a personalized mortgage strategy.