Estimated Net Proceeds
$544,000
After all estimated costs
Common Seller Costs
Real Estate Commission
4-5% of sale priceThe total commission is typically split between the listing and buyer's agent. This covers marketing, showings, negotiations, and transaction management.
On a $1,000,000 sale: $40,000 - $50,000
Legal Fees
$1,000 - $2,000Your real estate lawyer handles the closing, title transfer, mortgage discharge, and ensures all documents are properly executed.
Includes disbursements and registration fees
Mortgage Discharge/Penalty
VariesIf you're breaking your mortgage early, you may face a prepayment penalty. This could be 3 months' interest or an IRD (Interest Rate Differential) calculation.
Contact your lender for exact figures
Home Staging
$500 - $5,000Professional staging can significantly increase your sale price. Basic consultations are often included in our services, while full staging is optional.
Often pays for itself with higher offers
Repairs & Improvements
VariesPre-sale repairs, painting, and minor updates can help attract buyers and justify your asking price. We'll advise on the best ROI improvements.
Fresh paint, decluttering, curb appeal
Moving Costs
$500 - $3,000Professional movers, packing materials, storage if needed, and cleaning costs for your move-out.
Local moves typically $500-$1,500
Capital Gains Tax
If you're selling your principal residence, the sale is typically tax-free in Canada. However, if you're selling an investment property or second home, you may be subject to capital gains tax on 50% of the profit. Consult with a tax professional for personalized advice.
Net Proceeds Estimate
We can provide you with a detailed net proceeds estimate based on your specific home value, mortgage balance, and expected costs. This helps you plan your next purchase with confidence.