01
Purchase with Mortgage/Loan or Refinance
$725.00 + disbursements + GST
Edmonton, Alberta · Est. 2001
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Our Services
Real Estate
Our primary focus is on residential real estate. Whether you want to purchase, sell, or refinance your property, we are ready to help you complete the process.
Fee Schedule
As of January 1, 2025
02
Purchase with Cash
$625.00 + disbursements + GST
03
Sale
$625.00 + disbursements + GST
$900–$1,000 avg. for houses · $1,100–$1,300 avg. for condos
04
Construction Draw Mortgage
$875 + disbursements + GST
Important
For purchases and refinance files, the final total is dependent on your registered mortgage amount and (for purchases) the purchase price. The Land Titles registration fees use a formula that takes these amounts into account; this formula has been changed (and significantly increased) as of October 20, 2024. Collateral mortgages that have a higher registration amount will increase government registration fees. Please contact our office for estimated fee totals for your purchase transaction.
Disbursements include registry searches, printing & photocopying costs, fax charges, courier fees, and the Land Titles fees. For sale transactions, disbursements will be higher if you are selling a condominium as we must order specific condominium documents ($200 higher on average). Higher disbursements may also apply if you are missing a current Real Property Report with Compliance for a house sale. For purchase files, disbursements will be affected mainly by your purchase price, but the location of the property and your lender choice will also affect charges. Should you require more information, please contact our office directly.
Processing Time
We request a minimum of 5 business days to process your file, and it is recommended that our office has all required paperwork (finalized contract and/or mortgage instructions) at least two weeks before the closing date (possession). While we can work with less than five days’ notice, we will charge a rush fee of $100 to process such transactions.
For Draw Mortgages (whether you are buying a house and land from a builder or just having a house built on land you already own), disbursements will vary widely. Our range for Draw Mortgages is from $1,400 to $2,400, although total fees are generally around $1,800–$2,000. We require an up-front retainer for such transactions. Please contact our office to discuss your transaction, as our procedures will be affected by the nature of your transaction/construction.
My realtor referred to Kent Wong for the closing of my house. I had a colleague who had already used Kent Wong for his closing who also suggested that he was very happy with the service he received. I rate him 5 stars for the service. Nominal charges. Excellent customer service. His staff also were very courteous. I am glad I used his service for my closing.
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