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Toronto Real Estate Lawyers

Real Estate Lawyers
For Your Most Important Transaction

Buying or selling property in Ontario or Alberta is one of the largest financial decisions of your life. Our real estate lawyers ensure every detail is right before you sign anything.

What We Handle

Practice Areas

Residential Closings

Purchase and sale of houses, condominiums, and townhouses across Ontario and Alberta. We review your Agreement of Purchase and Sale before you sign.

Title Search & Insurance

We conduct thorough title searches and arrange title insurance to protect your investment against hidden encumbrances and future claims.

Mortgage Refinancing

Private and institutional mortgage refinancing, second mortgages, and home equity line of credit (HELOC) transactions handled efficiently.

Commercial Real Estate

Commercial property transactions, lease reviews, commercial mortgages, and due diligence for business property purchases.

Real Estate Disputes

Disputes between buyers and sellers, failed closings, deposit disputes, boundary issues, and title defects handled through negotiation or litigation.

Investment Properties

Multi-family residential acquisitions, assignment transactions, pre-construction purchases, and investment portfolio structuring.

Your Legal Team

The Lawyers
On Your File

Matthew Ram
Partner | Real Estate
Acts on residential and commercial real estate across Ontario and Alberta. Experience with complex transactions and investment portfolios.
Josephine Lam
Closing Manager
Manages the closing process from start to finish, title searches, documentation, funds coordination, and registration. Fluent in English and Cantonese.
Monique Chanderpaul
Closing Manager, Corporate
Manages corporate real estate closings, commercial transactions, and title documentation. Coordinates funds, registration, and compliance for business and investment properties.
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Complimentary 15-minute initial assessment for most matters. 4.8★ Google. 24/7/365. Four Ontario offices.

Frequently Asked Questions

Your Questions,
Answered Honestly

We believe you deserve straight answers, not vague promises. Most matters qualify for a complimentary 15-minute initial assessment.

How much does a real estate lawyer cost in Ontario?
Standard residential closing fees range from $900 to $2,000 plus disbursements for most purchases and sales. Commercial real estate and complex transactions vary. We provide transparent quotes upfront with no hidden fees. Contact us at 416-333-6200 for a specific estimate based on your transaction.
Do I need a lawyer to close real estate in Ontario?
Yes, Ontario law requires a lawyer for all real estate closings. The lawyer reviews documents, conducts title and survey searches, ensures compliance with the Land Titles Act, arranges financing, verifies funds, conducts the closing, and registers your deed. Even if your lender didn't require legal representation, having a lawyer protects your interests.
What is title insurance and do I need it?
Title insurance protects you against financial loss from title defects that existed before you purchased the property. This includes fraud, forgery, undisclosed liens, missing wills, and boundary disputes. While it's not mandatory under Ontario law, it is strongly recommended, especially if the property has a complex ownership history or is older. We review title and advise whether title insurance is appropriate for your purchase.
What is a condo purchase agreement and what should I know?
Condominium purchases in Ontario are governed by the Condominium Act and require special review. We examine the declaration, bylaws, financial statements, reserve fund study, and status certificate. These documents reveal special assessments, upcoming repairs, and restrictions on your unit. Unlike houses governed by the Land Titles Act, condos have additional protections and obligations that must be understood before closing.
What happens during a real estate closing?
At closing, we coordinate the final steps: arranging mortgage funds, conducting the title search, confirming utility adjustments, preparing the deed transfer, and verifying all closing costs. We attend the closing meeting, transfer funds to the seller's lawyer, register your deed at the land titles office, and ensure you receive full documentation. The entire process typically takes 30 to 60 minutes, though logistics may extend over one business day.
What are the differences between freehold and leasehold properties?
A freehold property means you own the land and building indefinitely. A leasehold property means you own the structure for a set period (often 99 years) but not the land. As leases decline in remaining years, property value and mortgage availability decrease. Ontario's Residential Tenancies Act and the Land Titles Act govern these differently. We advise on the implications of leasehold terms, renewal rights, and long-term financial impact before you purchase.
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We respond within 24 hours* on business days. For urgent matters, call +1 416 333 6200 . Answered 24/7.
Important Notice: Contacting us does not establish a solicitor-client relationship. Such a relationship is only formed when the firm has expressly confirmed in writing its agreement to act on your behalf.
Consultation Fees: The complimentary 15-minute initial assessment is a brief introductory conversation to understand your situation and explain how we may be able to help. It does not include a review of your documents, and no legal advice is given during it. Lexaltico LLP charges a fee for substantive consultations, including civil litigation, criminal defence and immigration matters. The firm may waive that fee at its discretion. Any fee is disclosed to you in advance and credited in full toward your account if you retain us. Your documents are reviewed and legal advice is given only at a paid consultation or once the firm has been retained. No solicitor-client relationship arises until confirmed in writing.
* Response times may be longer when our lawyers are in trial, on statutory holidays or weekends, or in the event of unforeseen circumstances. We will always reply within 48 hours. For urgent matters, call +1 416 333 6200 . Answered 24/7.
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Our Offices & Where We Operate

4+ Offices across Ontario, international desks. Same standard. Wherever you need us.

Toronto, Downtown
55 University Ave
Suite 1100, M5J 2H7
Nearby
⚖︎ Osgoode Hall, 3 min walk
⚖︎ Ontario Superior Court, 5 min
◎ St Andrew Station, 2 min walk
◎ Bay St Financial District

Your Legal Team

Lawyers licensed in Ontario and Alberta
Residential and commercial closings, refinancing and title insurance
Client Stories

Hear From Our Real Estate Clients

Video testimonials coming soon

4.8★★★★★

Based on 270+ Google Reviews

“I had the absolute pleasure of working with two lawyers from Lexaltico on different matters. The level of professionalism, expertise, and care was consistently exceptional. They take the time to thoroughly understand your situation and proactively problem-solve.”
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4.8★★★★★
260+ verified reviews
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★★★★★
“We had the pleasure of working with Josephine Lam and Jia Junaid as our closing real estate lawyers and we could not have asked for a better experience. Both Josephine and Jia are incredibly professional, knowledgeable and thorough. They took the time to explain everything clearly, assisted us through each step with patience and always made themselves available to answer our questions.”
Shabana Khan
★★★★★
“Jia and her team were extremely helpful, easy to work with and understand. They allowed the process of selling our house and purchasing a new one to be smooth and painless! The fact that we were able to meet virtually was very helpful. This team is wonderful and I would definitely recommend using their services!”
Penny-Lee Caruana
WHAT A REAL ESTATE LAWYER ACTUALLY DOES

The Work Happens Before Closing Day

Most people meet their real estate lawyer at the end of the process, sign a stack of documents in twenty minutes and conclude that the role is clerical. The visible part is clerical. The part that protects you happens in the weeks before, when title is searched, when the agreement is read against what the searches disclose, and when problems are found while there is still time to do something about them.

Ontario land is recorded under the Land Titles Act and, for older parcels, the Registry Act, and registration is electronic. A title search establishes who owns the property, what is registered against it, and whether anything encumbers it that the seller did not mention. Mortgages that were paid but never discharged. An easement running through the side yard. A lien registered by a contractor. A restriction on use that makes the buyer's plans impossible.

The single most valuable moment in a residential transaction is before the agreement of purchase and sale is signed, and it is the moment most often skipped. Once the agreement is firm your lawyer is working within terms someone else negotiated. Fifteen minutes of review beforehand costs very little and is the cheapest protection available in the entire transaction.

BUYING

Conditions, Searches and the Things That Go Wrong

A conditional agreement gives you a defined period to satisfy yourself on financing, inspection, or in the case of a condominium, review of the status certificate. Those conditions exist for your benefit and they are the only structured opportunity to walk away. Waiving them to make an offer more attractive is a commercial decision with legal consequences, and it should be made knowingly rather than in the momentum of a bidding process.

For a condominium the status certificate is the document that matters. It discloses the corporation's financial position, the state of the reserve fund, whether a special assessment is contemplated, whether there is litigation, and whether the unit is in arrears. A reserve fund that is thin today becomes a special assessment tomorrow, and that assessment lands on whoever owns the unit when it is levied. Reading it properly is not optional.

Pre construction purchases run on entirely different rules. There is a statutory cooling off period for new condominiums, deposits are protected in defined ways, occupancy and final closing are separate events months or years apart, and the builder's amendments are drafted for the builder. Assignments add another layer, since the right to assign is a contractual permission that the builder controls and frequently charges for.

Failed closings are the situation nobody plans for. A buyer whose financing collapses, a seller who cannot deliver clear title, a discharge that does not arrive from a lender in time. The consequences depend on the agreement and on who is in breach, and they can extend well beyond the lost deposit. The moment it becomes clear a closing is in doubt is the moment to call, not the day after.

SELLING AND REFINANCING

Getting Clear Title Out the Door

On a sale the lawyer's task is to deliver what the agreement promised, which means clearing everything registered against the property and satisfying the buyer's requisitions. Payout statements have to be obtained, discharges arranged, and adjustments calculated for taxes, utilities and condominium fees so that each party pays for the period they actually own.

Sellers are often surprised by what has to come off title. A line of credit secured against the home and long since forgotten. A support order registered by a former spouse. A judgment from a business dispute. Each takes time to clear, and the time is measured in the lender's or the creditor's schedule, not yours. Starting a week before closing is starting too late.

Refinancing looks simpler and is not always. Where an existing lender is being replaced, the timing of the discharge and the advance has to be coordinated, and where a private lender is involved the terms deserve reading rather than skimming. Private mortgage terms vary widely, and the cost of default under them can be substantially higher than under an institutional charge.

WHEN A MORTGAGE GOES WRONG

Power of Sale and the Clock It Starts

Ontario lenders overwhelmingly enforce by power of sale rather than by foreclosure, and the process is governed by the Mortgages Act. It begins with a notice of sale, and from that point a sequence of statutory periods runs. The borrower's right to redeem, meaning to pay what is owed and stop the process, exists but does not last indefinitely, and it narrows as costs are added.

Two things are true at once and both matter. Homeowners in default frequently have more options than they believe, including refinancing, a negotiated forbearance, or a controlled sale that preserves equity rather than surrendering it to enforcement costs. And those options close in order, so that a situation which is fixable in week one may not be in week eight. Avoidance is the most expensive response available.

Lenders have obligations too. A power of sale must be conducted properly, the property must be exposed to the market in a commercially reasonable way, and a borrower who has been improperly dealt with is not without recourse. Where a sale has already occurred, the accounting of proceeds is itself a subject that repays scrutiny.

COMMERCIAL PROPERTY

Leases, Due Diligence and Construction

Commercial transactions are longer, more negotiated and less standardised than residential ones. Due diligence extends past title into zoning and permitted use, environmental condition, existing leases and the income they actually produce, and any work orders outstanding against the building. A property that appears to generate a given return may do so on the strength of a tenant whose lease expires in eleven months.

Commercial leases deserve more attention than they usually receive from tenants. The rent is the number everyone negotiates. The provisions that decide the outcome are elsewhere: what additional rent covers and how it is calculated, who is responsible for the roof and the mechanical systems, what happens at renewal, whether the lease can be assigned if the business is sold, and what a landlord may do on default. A business that cannot assign its lease may find that it cannot sell itself.

Construction brings the lien regime into play. Ontario's Construction Act sets out the preservation and perfection periods within which a lien must be registered and an action commenced, and those periods are short and unforgiving. Holdback obligations apply throughout a project. For an owner, releasing holdback early creates exposure. For a contractor or supplier, missing a deadline extinguishes a valid claim entirely.

HOW WE WORK

What to Bring, and What to Expect

Bring the agreement of purchase and sale with every schedule and amendment, the mortgage commitment if you have one, and the status certificate if the property is a condominium. On a sale, bring your existing mortgage statements and anything you know is registered against the property, including matters you would rather were not there. On an enforcement file, bring the notice of sale and every letter from the lender, with envelopes if you have them, because dates matter.

Expect to be told the total cost, not just the fee. Land transfer tax, and in Toronto the additional municipal land transfer tax, registration charges, title insurance and disbursements make up a substantial part of what leaves your account on closing. A quote that omits them is not a quote. Our calculators give you an estimate before you speak to anyone, and we will confirm the figures against your actual transaction.

Expect to be told when the answer is straightforward. A clean purchase with institutional financing and no complications is a routine file, and it should be priced and handled as one. Where a transaction is not routine, you should know that early, while there is still time for it to matter.

THE SEQUENCE

What a Residential Closing Looks Like From Inside

Once an agreement is firm, the file moves through a predictable sequence. Your lawyer receives the agreement and opens the file. Title is searched and off title searches are ordered from the municipality and the relevant utilities. Requisitions, meaning formal objections to anything the searches disclose, are delivered to the other side by a date the agreement fixes. Missing that date can waive objections you would otherwise have been entitled to raise.

Meanwhile the lender's instructions arrive and impose their own requirements, which are not always identical to yours. Insurance must be arranged and confirmed to the lender. Identification is verified. The statement of adjustments is prepared, reconciling deposits, taxes and any prepaid items so that the balance due on closing is precise rather than approximate.

On the closing day itself, documents are signed, funds move, and registration is completed electronically. Keys follow registration rather than the signing. This is why closings can complete later in the day than anyone would prefer, and why a delay in one transaction propagates along a chain of others. If you are buying and selling on the same day, build the possibility of a late afternoon into your moving arrangements rather than hoping against it.

COSTS AND TAXES

What Actually Leaves Your Account on Closing

Buyers budget for the deposit and the down payment and are then surprised by everything else. Ontario charges land transfer tax on the purchase of land, calculated on the value of the consideration on a graduated scale. A property inside the City of Toronto attracts a second, municipal land transfer tax on top of the provincial one, which is why an identical price can cost materially more on one side of a boundary than the other.

Relief exists in defined circumstances. First time purchasers may claim a refund of part of the provincial tax, and Toronto offers a parallel municipal rebate. Eligibility has conditions attached, including that the purchaser has not previously owned a home anywhere and, where there is a spouse, that the spouse has not owned one during the marriage. These are the details that decide whether a rebate is available, and they are worth confirming before you rely on the number.

Beyond tax there are registration fees, title insurance, the search costs the lawyer incurs on your behalf, and adjustments for whatever the seller has prepaid. On a purchase with a high ratio mortgage, default insurance is a further cost, generally added to the mortgage rather than paid on closing. Our calculators produce an estimate from your own numbers, and we confirm the figures against the actual transaction rather than a general rule.

Speak to a lawyer about your situation.

Contacting us does not create a solicitor-client relationship. Please do not send confidential information until we have confirmed we can act for you. We aim to reply within one business day. Sending this form does not meet any court deadline or limitation period.

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