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Real Estate Lawyer in Toronto

Real Estate Lawyer Serving Toronto Buyers, Sellers, and Investors

Sarkaria Sethi LLP acts on home and condo purchases, sales, refinances, pre-construction closings, and commercial leases across the City of Toronto, from downtown, the waterfront and Midtown to the Annex and Leslieville. Our pages for North York, Scarborough and Etobicoke cover those communities in more detail. Our only office is at 6201 Highway 7, Suite 10, in Vaughan, and you speak directly with your lawyer from the first call through closing.

Good to know
Toronto buyers pay two land transfer taxes, and the City adds its own rules on vacant homes, short-term rentals and heritage properties. Each one can change what a purchase really costs or what you can do with the property afterward. Here is what we watch for.

What Makes a Toronto Closing Different

Two land transfer taxes

Buying in the City of Toronto triggers both the Ontario land transfer tax and Toronto’s municipal land transfer tax. On a $1,000,000 home, each tax comes to $16,475, or $32,950 in total before rebates. An eligible first-time buyer can recover up to $8,475, which brings the total to $24,475. Our land transfer tax guide shows how each bracket is calculated, and our first-time buyer guide covers the rebates.

Condos downtown and on the waterfront

For a resale condo, we review the status certificate for the reserve fund, special assessments, pending litigation, and the condo’s rules, and we confirm that any parking space or locker you are buying is included in the transfer. Our status certificate guide explains what each section means.

New condos from a builder

When you buy a new condominium from a builder, you generally have 10 days after receiving the disclosure statement and signed agreement to cancel. We review the agreement in that window, including closing adjustments, levies, interim occupancy and your right to assign. See our pre-construction condo service.

Toronto's Vacant Home Tax

Toronto charges a Vacant Home Tax of 3% of a property’s assessed value from the 2024 tax year, and residential owners must declare the occupancy status of their property every year, even if they live there. A false declaration can lead to a fine of up to $10,000 on top of the tax (see the City of Toronto Vacant Home Tax page). When you buy or sell, we confirm the seller’s declaration has been filed.

Short-term rentals

If you plan to rent a Toronto home on a short-term basis, the City allows it only in your principal residence, requires you to register, and limits rentals of an entire home to 180 nights a calendar year (see the City of Toronto short-term rental page). A condo corporation can have stricter rules of its own, so we read the declaration and rules before you buy.

The Heritage Register

Some Toronto properties are listed or designated on the City’s Heritage Register. The owner of a listed property must give the City at least 60 days’ written notice before demolishing it, and a designated property carries stronger controls on alterations (see the City of Toronto Heritage Register page). If you plan to renovate or rebuild, we check the register during due diligence.

Our Real Estate Services for Toronto Clients

How we can help

Why Toronto Clients Choose Sarkaria Sethi LLP

Your office is in Vaughan

Our only office is at 6201 Highway 7, Suite 10, in Vaughan. We act for clients across the City of Toronto from there.

Your lawyer, start to finish

Amar Sarkaria or Kabeer Sethi looks after your file from the first call to closing day.

Fees at your consultation

We provide our fee during your consultation, before you sign the retainer.

How we work with you

Whether we meet at our Vaughan office or handle parts of your file another way depends on your matter. We explain the options at your consultation.

Frequently Asked Questions

Talk to a Toronto Real Estate Lawyer

Planning a purchase, sale, or refinance in Toronto? Book a free consultation. Real estate law without the fine-print headaches.

Legal Information, Not Legal Advice. This page provides general information about real estate legal services in Ontario. Every real estate transaction is unique, and you should consult a real estate lawyer about your specific situation before taking any action.

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Learn more about our services and fees by booking a free consultation with us. We look forward to representing you.
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6201 Highway 7, Suite 10, Vaughan, Ontario, L4H 0K7