Terms of Use
Danny Macedo, REALTOR®
Please read these terms and conditions carefully before using this site. This site is provided by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage ("we", "us" or "our"). By using this site, you agree to be bound by the terms set out below. If you do not agree with these terms, please do not use this site.
Acceptance of Agreement
By accessing or using this site (the "Site"), located at www.macedorealestategroup.com, you agree to the terms of this Agreement, which constitutes the entire agreement between you and us regarding your use of the Site and its content. We may amend this Agreement from time to time. The current version will always be posted on the Site, and your continued use of the Site after any change constitutes acceptance of the revised terms.
Real Estate Regulatory Notice
This Site is operated in connection with real estate services provided in Ontario by Danny Macedo, REALTOR®, a registrant with the Real Estate Council of Ontario (RECO), operating under Royal LePage Supreme Realty, Brokerage. All real estate services referenced on this Site are provided in accordance with the Trust in Real Estate Services Act, 2002 (TRESA) and the regulations and code of ethics administered by RECO. Nothing on this Site should be taken as a substitute for representation agreements or disclosures required under TRESA.
Copyright
The content, organisation, graphics, design and other elements of this Site are protected by applicable copyright and other intellectual property laws of Canada. You may not copy, reproduce, modify or publish any part of this Site without our express prior written permission.
Modification of Content
We reserve the right, at our discretion and without notice, to edit or remove any content on the Site, including this Agreement.
Indemnification
You agree to indemnify and hold harmless Danny Macedo, REALTOR®, and Royal LePage Supreme Realty, Brokerage, together with their officers, employees and agents, from any liability, loss, damage, claim or expense, including reasonable legal fees, arising from your breach of this Agreement or your use of the Site.
Disclaimer
The content and services provided through this Site are provided "as is" and "as available". To the extent permitted by applicable Ontario and Canadian law, we disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement. The Site may contain errors or omissions. We are not liable for any indirect, incidental or consequential damages, including loss of business or loss of profit, arising from your use of or inability to use the Site, except where such liability cannot be excluded under Ontario consumer protection law.
Nothing in this Disclaimer excludes or limits liability for death or personal injury caused by negligence, for fraud, or for any other liability that cannot lawfully be excluded under the laws of Ontario, including the Consumer Protection Act, 2002.
All information on this Site is provided for general information only and does not constitute professional, legal, financial or real estate advice specific to your circumstances. You are responsible for independently verifying the accuracy of any information before relying on it, including property listings, market data and valuation estimates.
Limits of Liability
We are not liable for any damage caused by viruses or other harmful components that may affect your device as a result of accessing this Site. We will not be liable for incidental, special or consequential damages arising from your use of, or inability to use, the Site.
Third Party Websites
This Site may link to third party websites. We do not control, endorse or take responsibility for the content, accuracy or practices of any linked site. Visiting a linked site is at your own risk, and that site's own terms and privacy policy will apply to you.
Submissions
Any feedback, ideas or content you submit to us through the Site (a "Submission") may be used by us without obligation of confidentiality or compensation to you, except where you have separately agreed with us in writing that a Submission remains your property, or where such use would breach the Copyright Act (Canada) with respect to material you did not create.
Consent to Be Contacted
By submitting your contact details through this Site, you consent to being contacted by Danny Macedo, REALTOR®, by telephone, text message or email regarding your enquiry, in accordance with Canada's Anti-Spam Legislation (CASL). Where consent is required under CASL for commercial electronic messages, we will obtain it before sending such messages. You may withdraw your consent at any time by using the unsubscribe link in any email, by replying "STOP" to any text message, or by contacting us directly at [email protected]. Standard message and data rates may apply. Submitting your details is never a condition of buying or selling any property, or of purchasing any goods or services.
Privacy
This Site collects personal information through its contact and enquiry forms, including at minimum names, telephone numbers and email addresses. That information is collected, used and disclosed in accordance with the Personal Information Protection and Electronic Documents Act (PIPEDA). Because the Site actively collects personal information, a standalone Privacy Policy is required, and should be linked from this page and from every form on the Site, disclosing what is collected, why, who it may be shared with, how long it is retained, and how a visitor can access, correct or request deletion of their information. That Privacy Policy has not yet been drafted and should be treated as an outstanding item before any form on the Site goes live or continues collecting data.
Accessibility
We aim to meet the requirements of the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) in the design and operation of this Site. If you encounter an accessibility barrier, please contact us at [email protected].
Governing Law and Jurisdiction
This Agreement is governed by the laws of the Province of Ontario and the federal laws of Canada applicable in Ontario, without regard to conflict of law principles. Any dispute arising from this Agreement or your use of the Site shall be subject to the exclusive jurisdiction of the courts of Ontario.
Contact and General
This Site is operated by Danny Macedo, REALTOR®, Royal LePage Supreme Realty, Brokerage, 110 Weston Road, Toronto, Ontario, M6N 0A6. You may contact us at [email protected]. If any provision of this Agreement is found to be unenforceable, the remaining provisions will continue in full force.
Last updated: September 10th, 2026
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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What Closing Costs to Expect When You Buy in the GTA
The price on the listing is not the price you pay
Every buyer budgets for the purchase price. Most also account for the deposit, which their solicitor holds in trust until closing. What catches people off guard is the collection of costs that arrive on closing day, on top of the purchase price, with no room to negotiate them down.
This is not a reason to panic. It is a reason to plan. If you know these costs exist before you start looking, you can build them into your budget from the beginning rather than scrambling to find the money in the final week.
Land transfer tax
Ontario charges a provincial land transfer tax on every property purchase. The tax is calculated on a sliding scale that increases with the purchase price. If the property is within the City of Toronto, there is an additional municipal land transfer tax on top of the provincial one. The two combined can add tens of thousands of dollars to your closing costs, depending on the purchase price.
First-time buyers may qualify for rebates on both the provincial and municipal land transfer tax. The eligibility rules and rebate amounts are set by the province and the city respectively, and your solicitor will confirm what applies to your situation. Do not assume you qualify. Ask, and get the answer in writing before you make an offer.
Legal fees and disbursements
Your solicitor handles the title search, the registration of the transfer, the mortgage documents if you are financing, and the trust account that holds your deposit. Their fee covers the legal work. Disbursements are the out of pocket costs they pay on your behalf during the process, things like title insurance, registration fees, and courier charges.
Title insurance is not optional if you have a mortgage. Your lender will require it. It protects the lender against title defects, and most policies also protect you. The cost is a one-time premium paid at closing, typically a few hundred dollars.
Get a quote from your solicitor early. Not after you have made an offer. Before. The quote should include both the fee and the estimated disbursements so you are not surprised on closing day.
Home inspection
A home inspection is not a closing cost in the strict sense because you pay for it before closing, usually during the condition period. But it is money you spend as part of buying, and it is worth budgeting for.
A standard inspection on a detached house in the GTA runs several hundred dollars. Older homes, larger homes, or homes with wells, septic systems, or pools may cost more. The inspection report is yours regardless of whether the deal closes, so if you walk away, the cost stays with you.
Adjustments
On closing day, your solicitor calculates adjustments between you and the seller. These cover prepaid expenses that the seller has already paid past the closing date. Property taxes are the most common. If the seller has paid the full year's taxes and you are closing in July, you reimburse them for the portion covering August through December.
Utility deposits and prepaid services work the same way. If the seller has a rented water heater or furnace, confirm whether that contract transfers to you or whether you need to arrange your own. Rental contracts that transfer mean you take over the payments, and that is a recurring cost, not a one-time one.
Mortgage insurance
If your down payment is less than 20 per cent of the purchase price, your lender is required to insure the mortgage through CMHC, Sagen, or Canada Guaranty. The insurance premium is calculated as a percentage of the mortgage amount and is usually added to the mortgage itself, so you do not pay it out of pocket on closing day. But it does increase your total borrowing, your monthly payment, and the interest you pay over the life of the loan. Ask your mortgage broker to show you the numbers both ways, with and without insurance, so you understand the real difference.
What to do with this list
Add it up before you start looking, not after you find something you want. Your mortgage pre-approval tells you what the lender will lend. It does not include closing costs. If you are approved for a certain amount and your closing costs are going to run into the tens of thousands, that money needs to come on top of your down payment, not instead of it.
Your solicitor, your mortgage broker, and your agent should all be able to help you estimate these numbers for your specific price range and situation. Ask all three. If the estimates are wildly different, that tells you something worth knowing before you go any further.
If you want to walk through the numbers for your situation, call me at 416-560-4983.
