Costs Associated with Selling Your Home

Costs Associated with Selling Your Home

*Scenario based on a sale price of $1,100,000

  • Real Estate Commission (7% on the first $100,000 & 3% on the balance): $37,000
  • 5% GST is applicable on Real Estate Commissions as it’s a service: $1,600
  • Legal Fees: $1,000 - $1,500: say $1,250
  • Property Taxes?
  • Mortgage?
  • Mortgage Payout Penalty?
  • Water Adjustments?
  • Moving Costs?

 

 

 

 

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