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% on the balance): $49,000
  • 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?


Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.