The rules for transferring assets "In Kind" into a Tax Free Savings Account are the same as those for RRSPs. If there is an accrued gain on the asset being transferred, it is recognized at the time of transfer (an accrued loss is not registered).
The financial services industry wants a chunk of your TFSA funds. Before depositing your money determine: the annual administration fee, the withdrawal fee, the termination fee, transaction fees and any other restrictions. However, lower fees may not always reward you with a higher return.