Closing costs when buying a house in Alberta
The short answer
Budget 1% to 2% of the price as cash to close on an Edmonton resale home. That covers Land Titles fees of $50 plus $5 per $5,000 on both the transfer and the mortgage, a lawyer's bill of roughly $1,200 to $2,500, the property tax adjustment, inspection and title insurance. Alberta charges no land transfer tax.
Key takeaways
- Closing costs are cash: almost none of them can be added to the mortgage.
- Alberta charges no land transfer tax. It charges Land Titles fees instead: $50 plus $5 per $5,000 on the transfer, and the same again on the mortgage.
- Those fees rose in October 2024, so calculators written earlier understate them by about half.
- A lawyer's quote should include disbursements and GST, not just the headline fee.
- The property tax adjustment depends on your closing month; Edmonton's 2026 rate is about $816 a year per $100,000 of assessed value.
- Mortgage default insurance is added to the loan, not paid at closing, and Alberta charges no sales tax on the premium.
- New builds add 5% GST, with a first-time buyer rebate worth up to $50,000 on a home up to $1 million.
Edmonton’s market right now
Edmonton has 5,717 active MLS® listings right now, with a median list price of $425,000, a median size of 1,335 sq ft, and a median of $296 per square foot.
| Price band | Listings | Share |
|---|---|---|
| Under $300,000 | 1,757 | 31% |
| $300,000 – $500,000 | 1,938 | 34% |
| $500,000 – $750,000 | 1,425 | 25% |
| $750,000 – $1M | 306 | 5% |
| $1M and up | 291 | 5% |
Source: Real Living’s CREA DDF® feed, active Edmonton residential listings as of 21 October 2026. Figures refresh several times a day; extreme outliers are excluded so a median reflects the real market. Search every listing.
Ryan McCann
Ryan McCann is an Edmonton REALTOR® with over 23 years of experience helping more than 2,200 buyers and sellers. His work spans every Edmonton neighbourhood and property type, bringing deep local market knowledge and practical guidance to buying or selling a home in Edmonton.
He tracks the Edmonton market daily and works from what is actually selling rather than from headlines, which is the same standard he applies to a client’s own pricing.
Contact Ryan today at 780-964-8445 to talk through your next step.
Reviewed 21 October 2026
Frequently asked questions
How much are closing costs in Alberta?
On a resale home, 1% to 2% of the purchase price. The worked examples in this article come to about $4,200 on a $350,000 condo and about $6,390 on a $750,000 house, excluding the deposit and mortgage insurance.
Does Alberta have a land transfer tax?
No. Alberta charges Land Titles registration fees instead: $50 plus $5 per $5,000 of value on the transfer, and $50 plus $5 per $5,000 of the amount borrowed on the mortgage.
Can closing costs be added to the mortgage?
Generally no. Mortgage default insurance is added to the loan, but the lawyer's bill, registration fees and adjustments are paid in cash on closing day.
Do I pay GST when buying a home in Edmonton?
Not on a resale home. New homes carry 5% GST, and a first-time buyer who will live in the home can have it removed on a new home up to $1 million, phasing out by $1.5 million.
What extra costs does a condo add?
Document fees, which Alberta caps at $200 for an estoppel certificate and $100 for an information statement, plus any move-in fee the building's bylaws set.
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