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Coquitlam Real Estate FAQ · June 2026

Real Estate Q&A · Tri-Cities

What's the total cost of selling a house in BC?

Most sellers underestimate the all-in cost of selling. Here's everything that hits your closing statement, line by line.

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Quick Answer

What's the total cost of selling a house in BC?

Selling a $1.5M Tri-Cities home typically costs $45,000–$65,000 all-in. Breakdown: commission ~$40-55K (negotiable, plus 5% GST), legal fees $1,200-2,500, mortgage discharge fee $200-500 + potential p... Craig Johnston, Top 1% Team Member — Greater Vancouver REALTORS® and 47+ year Tri-Cities resident, can walk you through the local context. Free Strategy Call ends with a written one-page plan in 24 hours.

Quick Answer

Selling a $1.5M Tri-Cities home typically costs $45,000–$65,000 all-in. Breakdown: commission ~$40-55K (negotiable, plus 5% GST), legal fees $1,200-2,500, mortgage discharge fee $200-500 + potential prepayment penalty (if breaking a fixed term early — can be $5K-30K+), staging $1K-5K if doing it, optional pre-listing inspection $500-800, plus moving costs. Always model the all-in cost before committing to sell.

Line-itemed cost of selling a $1.5M Tri-Cities home

  • Realtor commission — typically $40K-$55K + 5% GST on a $1.5M sale. Negotiable. (See: Coquitlam realtor commission detail.)
  • Legal/notary fees — $1,200-$2,500 for a standard sale. More for complex title situations, family trusts, or non-resident sellers.
  • Mortgage discharge fee — $200-$500 charged by your lender.
  • Mortgage prepayment penalty — if breaking a fixed-term mortgage early, can range from $0 (variable rate) to $30,000+ (long fixed term, low rate). Get a quote from your lender BEFORE listing.
  • Staging — optional. Light staging $1K-$3K. Full staging $3K-$8K. Often returns multiples of the cost in faster sale + higher price.
  • Pre-listing inspection — optional. $500-$800. Catches major issues you can fix before buyers find them.
  • Title insurance — typically buyer's cost, but verify.
  • Property tax adjustment — you'll typically receive a refund or pay a small balance depending on prepaid amount and closing date.
  • Moving costs — $1K-$5K depending on distance + scale.
  • Bridge financing (if applicable) — interest if you're buying before selling. Typically $500-$3,000 depending on duration.

BC-specific tax considerations

  • Principal residence exemption. If the home is your principal residence, you don't pay capital gains on the sale.
  • Investment property. Capital gains tax applies (50% inclusion rate on gain over cost base).
  • Speculation and Vacancy Tax — if BC SVT applies to your property, ensure proper filing before sale.
  • Non-resident sellers face 25% withholding on sale proceeds until tax compliance certificate is issued by CRA. Plan months ahead.

Always work with your accountant and a real estate lawyer for your specific tax situation. This is general information, not personalized advice.

Frequently asked

Quick reference

What's the total cost of selling a house in BC?

Selling a $1.5M Tri-Cities home typically costs $45,000–$65,000 all-in. Breakdown: commission ~$40-55K (negotiable, plus 5% GST), legal fees $1,200-2,500, mortgage discharge fee $200-500 + potential prepayment penalty (if breaking a fixed term early — can be $5K-30K+), staging $1K-5K if doing it, optional pre-listing inspection $500-800, plus moving costs. Always model the all-in cost before committing to sell.

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Related guides.

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The cost of selling across BC — and what varies

Selling costs follow the same categories province-wide, but the dollar figures shift by market. This is the BC-wide framework; for exact local numbers, the Coquitlam breakdown goes line by line.

Commission

The largest line

Real estate commission is typically the biggest selling cost and is negotiable. What's standard varies across BC markets, so understand how it's structured and what it buys before you sign a listing agreement.

Legal

Conveyancing fees

A lawyer or notary handles the sale's paperwork, title and mortgage discharge. Fees are broadly similar across the province, though they scale a little with complexity and the specific professional.

Your mortgage

Discharge and penalty

Paying out your mortgage early can trigger a prepayment penalty, which varies enormously by lender and term. This is often the most overlooked cost, so ask your lender for the exact figure early.

Preparation

Staging and repairs

Getting a home market-ready — cleaning, minor repairs, staging — costs vary by home and how much work it needs. Spent well, this is often money that returns more than it costs at sale.

Taxes

Usually lighter for sellers

Property Transfer Tax is a buyer cost, not a seller one, and GST rarely applies to a resale principal residence. Capital gains can apply to non-principal residences — confirm your situation with an accountant.

Local numbers

Coquitlam, line by line

Costs land differently in every market. For the Coquitlam-specific figures rather than the provincial overview, see what it costs to sell a Coquitlam home.

Because rates, penalties and local norms vary across British Columbia, treat these as the categories to budget for and confirm the specific numbers for your market and lender.

Craig can give you a realistic, itemised estimate for a sale in the Tri-Cities — including the mortgage-penalty question that trips up the most sellers — so your net proceeds hold no surprises.

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