Start with net proceeds
Your sale price is not the amount you receive at closing. Estimate net proceeds by subtracting the mortgage payout, negotiated service fees and taxes, legal charges, adjustments and other agreed expenses. Request written estimates tied to the expected closing date. A broad percentage cannot capture every lender contract or ownership situation.
Ask about the largest variable costs
Real estate remuneration is negotiable and should be documented with the agreed services and applicable taxes. Ask your lender about prepayment penalties, discharge fees and the payout balance. Your lawyer can explain title issues, closing adjustments and legal disbursements. If you are also buying, budget for that separate transaction, including applicable land transfer taxes.
Preparation and moving
Allow for cleaning, repairs, staging or storage where appropriate, photography or marketing costs not included in your agreement, and moving expenses. Prioritize work that fits your timeline and supports an accurate presentation. Higher spending does not ensure a higher net return. Use the free GTA Seller Guide for a worksheet, then request an evaluation for your property.
General information as of publication. Check current figures and rules, and obtain advice for your property, financing and legal circumstances.