Buying a home · Alberta
What will closing cost?
Alberta has no land transfer tax. You pay Land Titles a small fee to transfer the land and another to register your mortgage, plus your lawyer and a few smaller costs. Here they are, to the dollar.
Closing costs
Amortization
Thirty years on an insured mortgage is for first-time buyers and buyers of a newly built home they will live in, and adds 0.20 percentage points to the premium.
Other costs
Illustrations: type your quotesLegal fees, title insurance and the inspection start as round illustrations, not quotes. The property tax adjustment pays the seller back for tax they already paid for the days after you take possession: your lawyer works it out from the possession date.
Questions people ask
Is there a land transfer tax in Alberta?
No. Alberta charges registration fees at Land Titles instead: $50 plus $5 for every $5,000 of the price to transfer the land, and the same on the mortgage to register it. On a $450,000 home that is $500 for the transfer.
How are the Land Titles fees worked out?
Each is $50 plus $5 for every $5,000, or part of $5,000: on the price for the transfer of land, on the mortgage (including any insurance premium added to it) for the mortgage registration. These were unchanged in Alberta’s fee schedule of October 1, 2026.
Is the mortgage insurance premium a closing cost?
Not in cash: the premium is added to your mortgage and paid off with it. It does make the mortgage larger, so the mortgage registration fee is worked out on the larger amount.
What else should I budget for?
Your lawyer’s fee and their costs, title insurance if your lender asks for it, the home inspection, the property tax and utility adjustments, home insurance from possession day, and moving. Condo buyers may also pay for the condo documents.
Your guide
Fadi Georgi, REALTOR®
Want your real closing numbers? Send us the home you are looking at: we will put the Land Titles fees, the adjustments and a lawyer’s quote side by side before you write an offer.
About these numbers. Estimates only. Land Titles fees use Alberta’s published formula (Government of Alberta; fee schedule of October 1, 2026, checked October 30, 2026). The insurance premium is CMHC’s, added to the mortgage. Legal fees, title insurance and the inspection are round illustrations, not quotes. Not a mortgage approval or a rate offer — confirm with a licensed mortgage professional. 7th Avenue Realty (MaxWell Polaris), Edmonton.