Costs Associated with Selling Your Home

Costs Associated with Selling Your Home

*Scenario based on a sale price of $1,500,000

  • Real Estate Commission (7% on the first $100,000 & 3.5% on the balance): $56,000
  • 5% GST is applicable on Real Estate Commissions as it’s a service: $2,450
  • Legal Fees: Approximately $1,000
  • Property Taxes?
  • Mortgage?
  • Mortgage Payout Penalty?
  • Water Adjustments?
  • Moving Costs?
  • Capital gains tax if applicable?





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