Cash to close, not just the down
about $24k to $25k
The first cheque is down payment plus purchase legal all in.
Example ask $429,900. Example down $21,495.
5% down on $429,900 is $21,495. Purchase legal all in sits on top, so the first cheque is about $24k to $25k.
Planning numbers only. Confirm live rates, legal fees, and Matrix before you decide.
What it costs to live here
about $2,975/mo
Fort Mac carry is the number people actually feel. Not the list price.
Thickwood $429,900 ask is about $2,975 a month. Eagle Ridge $589,900 stays about $4,120 a month on the prior pack. Confirm versus Matrix before you decide.
Planning defaults: 5% down, CMHC about 4% into the mortgage, about 4.3% 5 year fixed, 25 year amort, utilities about $475, insurance about $185.
Planning numbers only. Confirm live rates, legal fees, and Matrix before you decide.
Legal is not a surprise if you say it early
$1,450
Fort McMurray closing range, 2026. Land title and registration sit on top of the lawyer. Budget it before you write. Not the week you need keys.
Planning band $1,200 to $1,850. Mid $1,450.
Ask your lawyer for the written quote. This band is a planning number.
Planning numbers only. Confirm live rates, legal fees, and Matrix before you decide.