BC home sale proceeds calculator: what you keep when you sell

What a sale leaves you after commission and its GST, the mortgage, any penalty and the legal fees. Put in your own figures; nothing is sent anywhere.

Sale price ($)

Commission (%)

An example rate. Commission is agreed in your listing contract; enter yours.

A different rate on the first part of the price

What you keep

$968,500

From a sale at $1,000,000, before any capital gains tax or BC home flipping tax, which depend on your own situation.

Commission: −$30,000
GST on the commission (5%): −$1,500

Free home valuation Selling in BC, the rules

An estimate. Property taxes and strata fees are adjusted to the completion date, and the buyer pays the property transfer tax. Your lawyer or notary prepares the exact statement of adjustments.

What comes off at completion

Mortgage left to pay ($)

Your lender's payout statement has the exact figure.

Prepayment penalty ($)

If you break a fixed term early; your lender quotes it.

Legal or notary fees ($)

Other costs ($)

Moving, staging, repairs agreed with the buyer.

Where the costs come from

Selling in BC, the rules How I sell a home

BCFSA, What Costs Come with Selling a Home
BCFSA, Completing Your Sale
Canada Revenue Agency, GST/HST rates by province
Province of BC, BC home flipping tax
Canada Revenue Agency, Principal residence and other real estate
Read 27 September 2026. GST is 5 percent of the commission in BC. Commission is what your listing contract says, and legal fees are what your lawyer or notary quotes.

BC home sale proceeds calculator: what you keep when you sell

Where the costs come from

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