WHAT IT REALLY COSTS TO SELL YOUR HOME

Selling your home is a big decision, and understanding the costs upfront helps you plan with confidence. Below is a clear breakdown of what you can expect to pay when selling your property in Greater Vancouver. 

What Sellers Should Expect in 2026

1. Real Estate Commission
This is typically the largest expense. Usually 7% on the first $100,000 and 3% on the balance, split between both brokerages, plus 5% GST.

2. Legal Fees
You need a lawyer or notary to handle the title transfer and mortgage discharge. This can vary between $1,200 to $1,800. 

3. Mortgage Penalties
If you’re breaking a fixed-term mortgage early, this can be 3 months' interest or the interest rate differential, plus the discharge fee, which is a flat administrative fee from the bank (approximately $300 to $400).


4. Adjustments (Prorated Costs)
Your lawyer will even out costs based on your possession date. This includes property taxes, strata fees, and utilities.

5. Condo Costs (Strata)
Form B certificate ($35-$75), strata documents, and move-out fees ($100-$300), in this case covered by Whittall Real Estate Team.

6. Taxes (The Big Two for 2026)
Capital gains tax (66.7% inclusion on gains over $250K) and BC Home Flipping Tax if you've owned less than 2 years.

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Certified BUILT GREEN home minutes from the ferry. Open concept, 9-foot ceilings, new home warranty. Walk to school, stores, and Crippen Park.

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Why Work With A Professional Real State Agent

Selling involves tight deadlines and thousands of dollars at stake. We handle everything so you don't worry about the "what ifs." From pricing your home for today's market to negotiating every detail, we fight for every dollar. As North Shore locals and Medallion Club members, we bring deep market knowledge and a trusted network to make your sale smooth from start to finish.


February Events on the North Shore

Love Lights
Jan 30-Feb 22, Capilano Suspension Bridge
Millions of twinkling lights across the 450-foot bridge. Extended hours Feb 12-15.

Winter Explorer Tour
Ongoing through Winter, Deep Cove Kayak Centre
Paddle surrounded by snow-capped mountains. This guided tour explores Deep Cove and Indian Arm with harbour seals, eagles, and sea stars. No experience required, runs rain or shine.

What We Hold Close
Jan 23-Feb 28, North Van Arts, 335 Lonsdale Ave
20 artists explore the meaning of home. Free admission.

Your 2026 Assessment: Looking in the Rearview Mirror

Your 2026 BC Assessment notice arrived, showing values down about 8% across the Lower Mainland. Here's what you need to know: your assessment is not your home's current market value.

By law, BC Assessment bases their numbers on July 1, 2025. That was six months ago. Since then, interest rates changed, inventory shifted, and buyer confidence improved. Your assessment helps distribute property taxes fairly, but it doesn't capture your home's recent updates, unique features, or today's demand.

Curious what your home is worth now, not last summer? Reach out for a personalized market evaluation.

Planning Your 2026 Move?

Whether you're curious about your home's value or ready to make a move, we're here to help you navigate every step.