Faraday Township, near Bancroft, has a lot of cottage and recreational property, and our online process suits that well: a flat, tax-included fee and a file handled entirely by phone, email, and e-signature, wherever you happen to be closing from.
“The condo I bought had a pending special assessment, and I was glad it was flagged and explained before I closed rather than after.”
J.Y. · Condo purchase · Belleville
Shared with permission. Initials changed to protect client privacy.
Our charges include applicable taxes. Disbursements and, on a purchase, Land Transfer Tax are extra and billed at cost — itemized upfront, in writing, never hidden.
Prices are “our charges” and include applicable taxes. Disbursements and Land Transfer Tax are extra, at cost, estimated in writing before you commit.
Purchase price aside, this is what a buyer in Faraday sees on the closing statement: our fee, then the disbursements we estimate on your behalf, then the government taxes — each sourced and dated. We don't total these into one figure; disbursements vary by file and are itemized in your written quote.
| Line item | $600,000 | $900,000 | $1,200,000 |
|---|---|---|---|
| Our fee (flat, any price) — 13% HST included | $1,354.87 | $1,354.87 | $1,354.87 |
| Estimated disbursements — billed at cost, itemised in your written quote; they vary by file | |||
| Teranet search fees & disbursements (registrations, searches, bank fees) — estimate | $583.26 | $583.26 | $583.26 |
| Technology & file management — estimate | $332.05 | $332.05 | $332.05 |
| Title insurance (example premium, varies by insurer and price) | $513.80 | $805.40 | $1,097.00 |
| Government charges | |||
| Ontario land transfer tax | $8,475.00 | $14,475.00 | $20,475.00 |
| First-time buyer refunds, if you qualify | − up to $4,000 | − up to $4,000 | − up to $4,000 |
Disbursements vary by file and are itemized, estimated in writing, before any work begins — these lines are estimates, not quotes. Ontario refunds up to $4,000 of the land transfer tax for first-time buyers, applied by your lawyer at registration.
Sources: Ontario electronic land registration fee, 2026-09-17: ontario.ca (rises to $86.42 per instrument from 2026-11-02); TitlePLUS residential premium schedule, 2026-09-17: titleplus.ca; Ontario land transfer tax, 2026-09-17: ontario.ca.
See the full breakdown on our Ontario real estate lawyer fee guide or flat-fee pricing page.
Every figure is from Statistics Canada’s 2021 Census of Population — real published data, current until the 2026 Census releases (2027).
Source: Statistics Canada, 2021 Census of Population, Census Profile — Faraday, Ontario. Reproduced and distributed on an “as is” basis with the permission of Statistics Canada. Retrieved 2026-07-28.
The Faraday-specific mechanics we handle on every file — so nothing surprises you at closing.
ONLAND files Faraday Township registrations electronically with the Hastings Land Registry Office (LRO #21). With a good share of the township's housing used seasonally, that matters — owners don't need to be in the township, or even in Ontario, for registration to go through.
You don’t “set up” property tax — we prorate it. The statement of adjustments credits whoever prepaid; after closing, the municipality bills you directly and you can enrol in pre-authorized payments.
ID verification, document review, and signing happen online — no office visit needed. In-person signings remain available across the province if you prefer.
Faraday purchases carry Ontario's provincial land transfer tax and no municipal equivalent, and we build that cost into your closing estimate from the start. The township recorded about 1,612 residents at the 2021 census, part of the Hastings census division, with 1,290 private dwellings on file — well above the number of full-time residents — and only 755 occupied by usual residents. That gap points to a substantial number of seasonal or recreational properties, which isn't unusual for this part of Hastings County. Cottage or full-time home, the same flat fee and closing steps apply.
Financing, inspection, status certificate — your offer’s conditions are legal protections, and waiving them is a legal decision. We review before you sign and flag the risks in plain language.
Buying pre-construction or an assignment carries its own tax and disclosure rules — ask us before you commit so nothing catches you at closing.
A Faraday sale follows the same course as any Ontario file: we discharge your existing mortgage from title, respond to the buyer's requisitions, and release your net proceeds once closing funds are confirmed. As the seller, land transfer tax isn't your cost to bear — it's charged to the buyer. We send updates by email so you're never left wondering where things stand.
Sellers don’t pay LTT. Your closing costs are the legal fee, discharge-related disbursements, and any mortgage payout penalties your lender sets.
We obtain your mortgage discharge statement, answer the buyer’s requisitions, and prorate taxes and utilities on the statement of adjustments.
Funds are wired the day of closing where possible. Selling a condo? We coordinate the status certificate the buyer’s lawyer will request.
New purchase mortgages, refinances, and private mortgage registrations on Faraday properties, including seasonal ones, are handled through our Mortgage service for one flat, tax-included fee. We confirm the commitment letter, register the charge against title, and clear lender conditions before funds are released. The fee stays flat no matter which of the three brings you in.
A new charge on a home you already own. We handle the lender’s requirements and register it — one flat fee.
Switching lenders or borrowing more? We manage the payout and discharge of your old mortgage and register the new one.
Borrowing from or lending to a private party. We paper it properly, register the charge, and protect your interests.
Yes, regularly. Since the process runs by phone, email, and e-signature, it works the same whether the property is a full-time home or a seasonal cottage you visit a few weeks a year.
No, there's no local tax layer in Faraday Township. Toronto's municipal land transfer tax doesn't extend here — buyers pay the province's rate and that's it.
It covers our legal fee in full, taxes included. Land transfer tax and optional title insurance are separate, government or third-party charges that we list out clearly, not folded into the flat fee.
The Hastings Land Registry Office, LRO #21, covers Faraday, with electronic registration through ONLAND handled as part of your fee.
The same as any other file — we start title review and closing preparation once retained, and signing happens by e-signature so your location doesn't affect the schedule.
Below are official Ontario government and land registry resources for Faraday Township buyers and sellers who'd like to review the details themselves.
Ontario land transfer tax is the largest single line on most closing statements, and it is due in full on closing day. Enter a price to see the bracket-by-bracket calculation, the first-time buyer refund, and — where they apply — the Toronto municipal tax and the Non-Resident Speculation Tax. Full workings and the rate sources are on the land transfer tax calculator.
Open your Faraday file in minutes — hear from your lawyer tomorrow.