A minimum down payment of 5 percent applies up to $500,000, then 10 percent on the portion above, and CMHC, Sagen or Canada Guaranty insurance is required below 20 percent down, with Saskatchewan charging PST on that premium at closing.
Legal fees typically run $800 to $1,500 for the lawyer who searches title and closes through Information Services Corporation, and a home inspection, typically $400 to $600, is worth budgeting before you remove conditions on an older Nutana house.
Nutana's mature housing stock means age-related items like knob-and-tube wiring or an original clay sewer line show up more often than in a newer subdivision, and those findings can shift your real total cost well beyond the sale price.
Get your hand-reviewed valuation from Joel Dyck.