What does it cost to sell a Coquitlam home — line by line.

REALTOR® commission

Typically 7% on first $100K + 2.5% on the balance, split between listing brokerage and buyer's brokerage. Plus 5% GST on the commission. Negotiable — talk to your REALTOR® about commission structure.

Legal fees

$1,200-$2,500 for a typical residential sale. Higher for complex situations or strata properties with extensive paperwork.

Adjustments

Property taxes (you receive credit for prepaid portion, debit for unpaid). Strata fees (similar). Some utilities.

Mortgage discharge

Bank charges typically $200-$400 for discharge. Some prepayment penalties may apply if breaking a fixed-term mortgage early — can be substantial ($5K-$30K). Check your mortgage contract.

Staging / preparation

Optional. Professional staging $2K-$8K typical. Often pays back many times in higher sale price and faster sale.

Photography / marketing

Often included in REALTOR®'s commission. Confirm what's included before signing the listing agreement.

Net example: $1,500,000 sale

Commission ~$33K + GST ~$1,650 + Legal $1,500 + Misc adjustments. Net to seller: roughly $1,460K-$1,465K (assuming no mortgage prepayment penalty).

Capital gains

Principal residence sale is generally exempt from capital gains tax in Canada. Investment property sale triggers capital gains (50% inclusion at marginal rate).