Craig Johnston Personal Real Estate Corporation · Brokerage: Royal LePage Elite West
Free calculator · seller net · 2026
Sellers focus on the sale price; what matters is the NET. Realtor commission (negotiable) plus GST, your mortgage payout, legal/notary fees and any discharge fee come out of your proceeds, and the property tax adjustment can be a credit or a charge — all settled before you get your wire. This calculator runs the math live as you adjust the inputs.
5.0 across 36+ Google reviews Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 47+ years in the Tri-CitiesYour sale
If you're breaking a fixed mortgage early. Verify the exact penalty with your lender.
Your net proceeds
Quick Answer
How do I estimate what I'll net when I sell in Coquitlam?
The two biggest deductions from your sale price are mortgage payout and realtor commission. Commission is negotiable — different listing structures deliver different commission rates with different marketing and service levels. GST applies to the commission (5% on top of the commission amount).
The smaller line items are legal or notary fees (GST and PST both apply to legal services in BC), any discharge or administration fee your lender charges, and the property tax adjustment — a charge to you if you complete before this year's taxes are paid, a credit if you complete after. Get a written quote from your lawyer or notary and a payout statement from your lender for exact figures. If you're breaking a fixed-rate mortgage early, the prepayment penalty can be significant — verify the exact amount with your lender.
For a home selling at the September 2026 Coquitlam detached benchmark of $1,584,400, start with commission. Example only: 7% on the first $100,000 and 3% on the remaining balance, split between the listing brokerage (the seller's agent) and the buyer's brokerage (the buyer's agent) — commission is negotiable and set in your listing agreement. Add 5% GST on the commission, then subtract your mortgage payout and the smaller items above. The calculator above runs your specific numbers.
| Sale price | Commission (example only) | GST (5%) | Commission + GST | Effective rate |
|---|---|---|---|---|
| $700,000 | $25,000 | $1,250 | $26,250 | 3.57% |
| $1,000,000 | $34,000 | $1,700 | $35,700 | 3.40% |
| $1,300,000 | $43,000 | $2,150 | $45,150 | 3.31% |
| $1,600,000 | $52,000 | $2,600 | $54,600 | 3.25% |
| $2,000,000 | $64,000 | $3,200 | $67,200 | 3.20% |
| $2,500,000 | $79,000 | $3,950 | $82,950 | 3.16% |
Example only: 7% on the first $100,000 and 3% on the remaining balance, split between the listing brokerage (the seller's agent) and the buyer's brokerage (the buyer's agent) — commission is negotiable and set in your listing agreement. GST at 5% in BC (Canada Revenue Agency). Sources: BCFSA Consumer Guide to Remuneration; CRA GST/HST rates.
Commission, GST, legal fees and mortgage penalties work the same way in every Tri-Cities city. What differs is the price you start from and the city's tax and utility calendar, which drives the adjustment lines. Benchmarks are September 2026 Greater Vancouver REALTORS® figures.
2026 property taxes due July 2, with 5% penalties after July 2 and again after September 15. Annual utility bill (water, sewer, garbage, green waste) covers January–December, due March 31. Benchmarks: detached $1,584,400, townhouse $976,600, apartment $640,100.
2026 property taxes due July 2, with the same two-step 5% penalties, which also apply to unclaimed Home Owner Grants. Utility fees were due February 27, with 5% late fees after that date and again after March 31. Benchmarks: detached $1,903,500, townhouse $940,900, apartment $676,200.
2026 property taxes due July 2. Water and sewer are billed annually, due March 31, with a 5% penalty after that date and another after June 1. Benchmarks: detached $1,240,600, townhouse $834,300, apartment $550,000. Port Coquitlam guide.
After the sale price, the mortgage payout is usually the biggest number in this calculation, and it isn't simply the balance on your last statement. The figure your lawyer or notary works from is the payout amount your lender quotes for your specific completion date. Ask your lender for a payout statement once you have a likely completion date, and update the calculator with it.
If your mortgage is closed and you sell before the term ends, plan for a prepayment penalty. The Financial Consumer Agency of Canada says it's usually the higher of three months' interest on what you still owe or the interest rate differential (IRD), and it names selling your home as one of the situations that triggers it. The IRD can apply when your mortgage rate is higher than the lender's current rate, so two sellers with the same balance can face very different penalties depending on when they signed and how rates have moved since. FCAC also lists other charges that can apply when you break a mortgage: administration fees, appraisal fees, reinvestment fees and a mortgage discharge fee. Ask your lender which apply to you, and get the total in writing.
If you're buying again, ask about porting. FCAC describes it as taking your existing interest rate, terms and conditions with you to the new home, and it's the first question I'd raise with your lender before we set completion dates on a sale and a purchase. Timing matters too: if your term ends soon, compare the penalty today with the cost of a later completion.
On completion day your lawyer or notary pays out the lender from the sale proceeds, makes sure the old mortgage is discharged from title, and delivers the balance to you. If any other loan is registered against your home's title, tell them early so it's included in the payout figures rather than discovered late.
The adjustment line in the calculator is small, but its direction often surprises sellers. Property taxes are billed for the calendar year — Coquitlam's 2026 bill covers January 1 to December 31 — and in 2026 Coquitlam, Port Moody and Port Coquitlam all set July 2 as the due date. Your lawyer or notary splits that bill between you and the buyer on the statement of adjustments, based on the completion date.
If you still own the home on July 2, pay on time. Coquitlam and Port Moody add a 5% penalty to unpaid balances after July 2 and another 5% after September 15, and Port Moody notes the penalties also apply to Home Owner Grants that weren't claimed. Part of the legal work on completion is confirming that your payments are up to date.
City utilities follow the same logic on a different calendar. Coquitlam bills water, sewer, garbage and green-waste collection once a year, separately from property tax; the 2026 bill covered January to December and was due March 31. Port Coquitlam's annual water and sewer bill was also due March 31, with a 5% penalty after that date and another after June 1. Port Moody's 2026 utility fees were due February 27, with a 5% late fee and a second after March 31. If you've prepaid the year, the portion after completion is normally adjusted in your favour. For the full picture of selling costs, see selling your home in Coquitlam.
The calculator gives you a quick estimate. When you're seriously weighing a sale in Coquitlam, Port Moody or Port Coquitlam, this is how I build the real number with you.
I start with what similar homes in your pocket have actually sold for recently, adjusted for lot, age, size and updates, and give you a realistic price range rather than one hopeful figure. Every later line in the calculation depends on this number, so I show you the comparables behind it.
I ask you to request a payout statement and a written prepayment-penalty quote from your lender, and to ask about porting if you're buying again. Apart from the price, those two figures usually move your net the most, and both change with your completion date.
We go through commission as a negotiable term of the listing agreement, add the 5% GST, and get a quote from your lawyer or notary that shows GST, PST and disbursements. You see every figure separately, so nothing appears for the first time on completion day.
We look at when this year's property taxes and utility bill are due in your city, how your completion date shifts those adjustments, and how it lines up with your next purchase or move. Your lawyer or notary then confirms the final figures on the statement of adjustments.
To see how sellers across the Tri-Cities have worked through this, read my Tri-Cities case studies. Read the Tri-Cities case studies →
Yes. BCFSA, BC's real estate regulator, says any commission amount can be negotiated between you, your real estate professional and the brokerage, and there is no standard rate. Whatever you agree is written into your listing agreement, including the share paid to the buyer's brokerage. To illustrate the math on this page I use: Example only: 7% on the first $100,000 and 3% on the remaining balance, split between the listing brokerage (the seller's agent) and the buyer's brokerage (the buyer's agent) — commission is negotiable and set in your listing agreement. When you compare proposals, compare what's included — pricing work, marketing and negotiation — not just the rate.
Yes. Commission is a taxable service, so 5% GST is added in BC and paid from your sale proceeds at completion. Using the example structure on this page — 7% on the first $100,000 and 3% on the remaining balance — a $1,850,000 sale works out to $59,500 in commission and $2,975 in GST, for $62,475 in total. Because GST is charged on the commission rather than the sale price, the tax moves with whatever commission you negotiate. Check both figures against your listing agreement before completion.
It's the charge your lender applies if you pay off a closed mortgage before the end of its term, and the Financial Consumer Agency of Canada lists selling your home as one of the situations that triggers it. The penalty is usually the higher of three months' interest on what you still owe or the interest rate differential (IRD), which can apply when your rate is higher than the lender's current rate. The exact calculation is set by your mortgage contract, so ask your lender for the figure in writing before you list and enter it above.
Possibly. The Financial Consumer Agency of Canada suggests asking your lender whether you can port your mortgage when you're buying a new home, which means taking your existing interest rate, terms and conditions with you. That may reduce or avoid the prepayment penalty, but whether it's allowed, and how long you have to buy the next home, depend on your mortgage contract and the lender approving the new property. If you're selling and buying in the Tri-Cities, raise porting with your lender before you set completion dates on either side.
There isn't a typical amount; it depends on your tax bill and your completion date. Coquitlam, Port Moody and Port Coquitlam all set July 2 as the 2026 due date, and Coquitlam's bill covers January 1 to December 31. If you complete before you've paid, you credit the buyer for the days you owned the home that year. If you've already paid the full year, the buyer reimburses you for the days after completion. So a spring completion usually shows a charge on your side and a fall completion a credit. Your lawyer or notary's statement of adjustments has the exact figure.
The calculator takes a single percentage, so convert the tiered structure into an effective rate first. Using the example only — 7% on the first $100,000 and 3% on the remaining balance — commission on a $1,200,000 sale is $7,000 plus $33,000, or $40,000. Divide by the price and you get about 3.33%; enter that and the calculator adds the 5% GST. The effective rate falls as the price rises, to about 3.4% at $1,000,000 and 3.2% at $2,000,000, which is why the table on this page shows several price points. Your actual structure is whatever your listing agreement says.
It's only as accurate as the numbers you put in, and it's an estimate, not a statement. Three inputs carry most of the risk: the sale price, which only the market sets; the mortgage payout, which should come from your lender's payout statement for your completion date; and any prepayment penalty, which your lender calculates. Smaller items, such as legal fees with GST and PST and the tax and utility adjustments, move the result less. Your lawyer or notary confirms the final figures before completion. For a price based on recent comparable sales, request a home evaluation.
5.0 stars across 36+ verified Google reviews. Three from recent clients below.
“We received seven offers, and Craig held firm on our priorities: no subject to sale and achieving our price. We took the home off the market over Christmas, but behind the scenes Craig continued working. When we re-listed in January, it sold in just three days to buyers he had been nurturing — at the price we wanted.”Jim Turnbull
“Craig worked with my wife and me for over 3 years to find the perfect home. He was endlessly patient with us through the process. Eventually, we found our perfect home and he moved fast to execute on our behalf. He negotiated fairly and thoroughly with the sellers and was our advocate all throughout our first home purchase.”David Catterall
“Craig kept me informed of the local market for a couple of years before I asked him to handle my Coquitlam sale. He laid out the strategy upfront, the listing generated a lot of interest, and we had an acceptable offer in under a month. I was stressed going in — Craig helped me overcome a lot of my anxiety. I’ve already introduced him to my sister, who plans to sell soon.”Fj Young
Ready for a second opinion on your own situation? Book a 20-minute strategy call, or if you own now, get a free Equity Map of what your home is worth.
This calculator uses typical estimates. The free Equity Map is a personally prepared one-page document with your true net, comp-backed using verified MLS sales within 90 days in your specific block radius. 24-hour turnaround. No obligation.
Tri-Cities monthly
September 2026 Coquitlam detached HPI is $1,584,400, -6.6% YoY. What that means for your buy or sell decision — without the salesy fluff. One email per month. Unsubscribe anytime.
No spam, no listings flood, no marketing automation games. Genuine monthly update from a 47+ year Tri-Cities resident.