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Waterloo real estate law made simple
Skip the long email chains — close on your property with top-tier legal support, anywhere.
How it works with Ownright
Ownright simplifies the property closing process with clear and transparent steps that you can complete from anywhere.
Why Waterloo clients choose Ownright
Best-in-class legal support
Close confidently with a legal team that has thousands of closings under its belt.
Track your transaction
Get notified at every milestone, from signing through closing and beyond.
Close from anywhere
Share everything through an online portal. No emails, no in-person meetings.
Waterloo market snapshot
Waterloo's average price was $712,279 in August, down 6.8% from a year ago on just 104 sales, so the swing reads more as volatility than trend. Homes sold faster than last year at 33 days, the quickest of the three Waterloo Region cities, and supply tightened to 3.7 months on flat new listings.
City of Waterloo, all home types. Source: Cornerstone Association of REALTORS® and the ITSO MLS® System, August 2026.
Average price
-6.8%
$712,279
Homes sold
-8.8%
104
New listings
-1.5%
195
Days on market
-8.3%
33
Land transfer tax in Waterloo
No municipal land transfer tax in Waterloo — you pay the Ontario tax only.
How Ownright outshines traditional closings
Ownright | Traditional Closing | |
Closing process | ||
Share information and documents remotely through an online portal |  |  |
Track the progress of every milestone in your real estate transaction | | |
Support | ||
Unlimited legal support by chat, email, or video call | | |
Reach out after work and actually get an answer | | |
Pricing | ||
Transparent upfront pricing from day one, regardless of the price of your property | | |
Don’t pay for extra touchpoints with your legal team | | |
More | ||
Great deals on services with an exclusive marketplace network | | |
Access to informative resources on real estate, real estate law, and property ownership best practices | | |
Closing process
Share information and documents remotely through an online portal
Track the progress of every milestone in your real estate transaction
Support
Unlimited legal support by chat, email, or video call
Reach out after work and actually get an answer
Pricing
Transparent upfront pricing from day one, regardless of the price of your property
Don’t pay for extra touchpoints with your legal team
More
Great deals on services with an exclusive marketplace network
Access to informative resources on real estate, real estate law, and property ownership best practices
Buying a home to rent out?
We confirm the rental licence before you close, so you're not buying an enforcement problem.
Waterloo licenses small rental buildingsBuildings of three units or fewer need a rental licence on file.
An unlicensed rental is a real riskIt can bring fines and orders that land on the new owner.
We check the licence before you closeSo you inherit the income, not an enforcement file.
Why Waterloo clients love Ownright
Top-notch communication
The communication was top-notch—any questions or concerns I had were promptly addressed, and I always felt like I was in good hands.
The attention to detail and dedication to client satisfaction truly set them apart.
Handled all legal complexities
From the initial consultation to the final closing, they provided clear guidance and ensured I was fully informed throughout the process.
Any questions I had were answered promptly, and they expertly handled all the legal complexities, making the entire transaction seamless.
Online dashboard makes it easy
The online dashboard made it easy to complete tasks like identity verification and to track progress and see next steps, so we always felt in the loop on what was coming next.
Their team was extremely responsive (thanks Camille!)
Web platform kept us informed
We had an exceptional experience closing a property with Ownright. Their web platform kept us informed throughout the process, and the support we received was outstanding.
A big shout-out to Edward and Kylie for their dedication!
Smooth and painless experience
The team ensured a smooth and painless experience during what can be a stressful experience by guiding us through the process and providing their expert advice.
The Ownright application is intuitive and easy to use.
Revolutionizing real estate law
For those on the fence, don't hesitate - their online portal is very intuitive and the whole process is extremely easy...
Thank you for revolutionizing the world of real estate law.
Frequently asked questions
Yes. In Ontario, only a licensed lawyer can transfer title and register a property, so every Waterloo purchase or sale needs one. Ownright handles the title search, mortgage registration, closing funds, and final registration, and reviews your paperwork before you sign so nothing catches you off guard on closing day.
On a typical Waterloo home around $760,000, Ontario land transfer tax is about $11,675. First-time buyers get up to $4,000 back, lowering it to roughly $7,675. Waterloo charges no municipal land transfer tax, so unlike Toronto you pay only the provincial tax on your purchase.
Yes. As of July 1, 2026, Waterloo requires most low-rise rentals, buildings of three units or fewer, plus anyone renting four or fewer bedrooms in their own home, to hold a rental housing licence. If you're buying a rental, Ownright confirms the licence is valid before closing so you don't inherit an enforcement problem.
Waterloo's 2026 residential property tax rate is about 1.43%, roughly $10,450 a year on a $730,000 home. When you buy or sell, Ownright prorates the year's taxes to the closing date, so you only pay for the days you actually own the home and neither side overpays.
On closing costs, yes. Waterloo charges no municipal land transfer tax, so on a $730,000 home you pay about $11,075 in land transfer tax. In Toronto, a second municipal tax roughly doubles that, to over $22,000 before rebates. Ownright calculates your Waterloo land transfer tax to the dollar so there are no surprises.
Yes. Waterloo has a large condo market around Uptown and the university district, and the status certificate reveals the reserve fund, monthly fees, rules, and any special assessments. Ownright reviews it before your deal becomes firm, so you understand the building's financial health and your obligations before you are committed.
Have more questions?
Read more FAQ's