If you're thinking of buying a new construction property, it's important to understand the various costs involved, including pre-construction closing costs. In this video, we'll go over what pre-construction closing costs are, what they typically include, and how they differ from other types of closing costs.

We'll also share some tips on how to estimate your pre-construction closing costs, and what you can do to potentially reduce them. Whether you're a first-time homebuyer or an experienced real estate investor, this video will provide valuable insights that can help you make informed decisions and save money in the long run.

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Chapters
0:00 - Intro
0:29 - Interim Occupancy & Final Closing
1:08 - Land Transfer Tax
1:32 - Development Charges
2:04 - Legal Fees
2:15 - Tarion Enrollment Fee
2:37 - Park Levies
2:47 - Reserve Fund
3:01 - Utility Hook Up
3:12 - Realty Taxes
3:36 - Misc.
3:47 - HST
4:16 - Total
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Contact me:
-📱Call or Text: 416-414-8923
-📩Email: sid@thesurgroup.com
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If this is your first time to this channel, and you want to know everything about buying or investing in Real Estate in Toronto or the GTA, then subscribe▶ and tap the bell🛎 for notifications so you can be the first to know about the current market in Toronto!

My name is Sid Sur and I have been helping people buy, invest and lease Real Estate for the last 4 years in Toronto, Ontario. Whether you're looking to buy, sell, invest, lease, or diversify your real estate portfolio, give me a call and let's chat!
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Sidd Sur - Toronto Real Estate Agent
Team Sur Real Estate
Royal LePage Real Estate Services Ltd.

#siddsur #preconstruction #preconstructioncondo #precon #realestatedevelopment #condodevelopment #markettrends #realestate #realestateagent #propertyinvestment #condoliving #investmentproperty #buyproperty #dreamhome #homebuying #torontorealestate #canada #realestatecanada
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