2026 Land Title & Closing Cost Guide: Saskatchewan Edition
In addition to your down payment, buying a home in Saskatchewan requires upfront closing costs, including legal fees, ISC land title registration fees, and property tax adjustments. ISC (Information Services Corporation) is the organization that manages Saskatchewan’s land titles system, including registering property ownership and mortgages. These costs are paid on or before possession and are separate from your purchase price.
A key part of this process is the Statement of Adjustments, which sets out the final balance between the buyer and seller.
This guide breaks down how closing costs in Saskatchewan are calculated so you can estimate the total cash required before closing.
At SHD Law Group, we review these figures with you in advance so you understand your closing costs before possession.
No Land Transfer Tax in Saskatchewan
Saskatchewan does not charge a traditional land transfer tax.
Instead, buyers pay land title registration fees through ISC.
ISC administers land titles and registers ownership and mortgage interests across the province. These fees are calculated based on the value of the property and, if applicable, the mortgage being registered.
Compared to provinces like Ontario or British Columbia, this typically results in lower overall closing costs for Saskatchewan homebuyers.
2026 ISC Fee Schedule & Legal Disbursements
Effective April 2026, ISC fees are structured around the value of your home and the size of your mortgage.
Below is a typical breakdown of real estate closing costs in Saskatchewan based on current ISC fee structures and standard residential transactions.
Estimated Cash Needed for Closing
The amounts shown below are provided as general estimates for typical residential transactions in Saskatchewan. They are not fixed quotes, guarantees, or legal opinions on your specific file.
A Note on Disbursements: These are costs paid to third parties on your behalf, including title insurance, tax certificates, and title searches.
The PST Factor: If your down payment is less than 20%, a 6% PST applies to your mortgage insurance premium. This is paid upfront and cannot be added to your mortgage.
Common Closing Cost in Saskatchewan
Most buyers will encounter the same categories of closing costs. These are reflected in your Statement of Adjustments.
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Property taxes are adjusted based on your possession date.
If the seller has already paid the annual taxes, you reimburse them for your share of the year's taxes. If not, the adjustment may be credited to you. This calculation is included in your final closing statement.
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Title insurance is commonly recommended for residential real estate transactions in Saskatchewan, and is becoming mandatory for most lenders.
It helps protect against issues such as title defects, survey problems, or unknown liens that may not appear before closing. This is typically a one-time cost paid at closing.
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GST applies to new construction homes.
Your purchase agreement should clearly state:
whether GST is included in the purchase price, and
whether any new housing rebate is assigned to the builder
Always review this with your lawyer before closing to avoid unexpected costs.
Planning Beyond Closing
Buying a home is often the point where estate planning becomes necessary. If you now own property or have a mortgage, you should consider putting the following in place:
Will
Power of Attorney
Health Care Directive
These documents ensure your property and financial responsibilities can be managed properly if needed.
Frequently Asked Questions
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The Statement of Adjustments is a financial document prepared by your lawyer that outlines the final balance between buyer and seller. It ensures that the buyer and seller each pay only for their respective days of ownership, including property taxes, and Condominium fees (common in newer Saskatoon neighbourhoods like Rosewood).
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No. Unlike most provinces, Saskatchewan does not charge a Land Transfer Tax. Instead, homebuyers pay registration fees to the Information Services Corporation (ISC)
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The transfer fee is approximately 0.4% of the property value, calculated as $0.40 per $1,000.
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Effective April 15, 2026, ISC fees have been adjusted. Key costs for residential buyers include:
Transfer of Title: $0.40 per $1,000 of the property's value.
Mortgage Registration: Fees are now tiered by mortgage size:
$0–249,999 → $200
$250K–500K → $275
$500K–750K → $525
$750K–1M → $775
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There is no PST on the purchase price of a resale of a residential property. However, 6% PST applies to mortgage insurance premiums (such as CMHC, Sagen, or Canada Guaranty) if your down payment is less than 20%. This is an upfront "cash cost" that must be paid at your lawyer's office and cannot be added to your mortgage.
If you are buying a home in Saskatchewan, getting legal guidance early can help you avoid delays and unexpected costs. SHD Law Group can review your transaction, explain your closing costs, and ensure your property transfer is completed correctly.