Real estate law
Looking for a real estate lawyer in East York? Mayo Law supports buyers, sellers, investors, landlords, tenants, and business owners with residential and commercial real estate matters across East York and the Greater Toronto Area. From purchase agreements and title review to refinancing, commercial leases, contract issues, and closing day, our team helps ensure every legal detail is handled properly from the start.
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Yes. Every residential and commercial real estate transaction in Ontario must be closed by a lawyer — this is true for properties in East York, the Danforth, Leaside, Thorncliffe Park, and the rest of Toronto. Your lawyer registers the transfer, reviews title, coordinates with the lender, and ensures funds move correctly through statutory trust accounts on closing day.
No. Real estate closings in Ontario happen electronically through Teraview, so your lawyer can be located anywhere in the province. What matters is that they are licensed by the Law Society of Ontario, that they handle a steady volume of GTA transactions, and that they are responsive in the days leading up to closing. We serve East York clients from our Toronto office at 100 King Street West.
For a typical East York residential purchase, expect legal fees of $1,200 to $2,500, plus disbursements (title search, title insurance, registration fees, courier and software fees) of approximately $1,000 to $2,500. The exact amount depends on whether you are taking out a mortgage, whether you are a first-time buyer eligible for land transfer tax rebates, and the property type. We provide a written fee quote at the start of every file.
East York’s housing stock leans toward older detached and semi-detached homes, mid-rise condo developments along the Danforth and Eglinton corridors, and a growing density of new builds replacing older lots. Title work on older properties sometimes surfaces issues like undischarged historical mortgages, easements, or boundary discrepancies that need to be resolved before closing — the kind of due diligence experienced GTA real estate lawyers handle as a matter of routine.
Yes. We handle East York investment property purchases and sales for individuals and corporations — including duplexes, triplexes, small multi-unit residential, and commercial properties. Investment closings typically involve additional considerations like rent rolls, tenant assumption, capital cost allowance planning with your accountant, and corporate ownership structures. We coordinate with your accountant and lender to keep the file moving.
East York is part of the City of Toronto, so buyers pay both the Ontario Land Transfer Tax and the Toronto Municipal Land Transfer Tax. Combined, this typically adds 3 to 4 percent of the purchase price in tax for residential properties. First-time homebuyers may qualify for partial rebates on both. Your lawyer calculates the exact amount and includes it in your statement of adjustments before closing.
Yes. We draft and review commercial leases for East York business owners and landlords — including retail leases along the Danforth, mixed-use commercial properties, and small-format office leases. We also handle commercial lease disputes, rent arrears, eviction proceedings, and lease assignment matters. Residential landlord-tenant matters fall under the Landlord and Tenant Board, which has its own specialized process.
Non-resident purchases of residential property in Ontario are subject to the Non-Resident Speculation Tax (currently 25 percent), which applies to foreign nationals, foreign corporations, and taxable trustees on top of the standard Ontario and Toronto land transfer taxes. Because East York is part of the City of Toronto, the combined tax burden on a non-resident purchase is among the highest in the GTA. There are also FINTRAC source of funds reporting obligations and cross-border tax considerations that should be coordinated with a tax professional. Our cross-border practice handles these issues regularly.
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