Sellers in Ontario should expect total selling costs of approximately 4% to 6% of the sale price, covering real estate commission, legal fees, and pre-sale preparation. Flowers Team Real Estate provides every client with a complete net proceeds estimate before they commit to listing. Knowing your true bottom line is essential to making smart decisions.

A complete breakdown of seller costs in Ontario:

• Real estate commission — typically 3.5% to 5% of the sale price plus HST (13%), covering both listing and buyer agent fees.
• Legal fees — typically $1,000 to $2,000 for a real estate lawyer to handle the title transfer and discharge your mortgage.
• Mortgage discharge penalty — if you are breaking a fixed-rate mortgage before the end of your term, your lender may charge a penalty. This can be significant on larger mortgages and should be verified with your lender early in the process.
• Pre-sale repairs and staging — costs vary widely. Flowers Team Real Estate helps clients identify which investments generate the highest return.
• Property tax adjustment — you pay property taxes up to and including the closing date.
• Moving costs — budget $1,500 to $5,000+ depending on the size of your home and distance of the move.

Flowers Team Real Estate prepares a full Net Proceeds estimate for every seller — showing exactly what you will walk away with after all costs. That is how we focus on what matters: the money in your pocket. Request your free Net Proceeds estimate today.