Find out exactly how much you'll walk away with after selling your home. Commission + HST/GST by province, mortgage discharge penalty, legal fees, staging, adjustments — every deduction itemized so there are no surprises at closing.
We've pre-loaded this property's price into the calculator below. Scroll down to see your full breakdown — calculated live from this listing's actual price.
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| SALE PROCEEDS | |
| Gross Sale Price | — |
| REAL ESTATE COMMISSION | |
| Listing Agent Commission (—%) | — |
| Buyer's Agent Commission (—%) | — |
| HST on Commission (13%) | — |
| Total Commission After Tax | — |
| MORTGAGE DISCHARGE | |
| Outstanding Mortgage Balance | — |
| Discharge Penalty (est.) | — |
| SELLING COSTS | |
| Legal / Notary Fees | — |
| Staging | — |
| Pre-Sale Repairs | — |
| Property Tax Adjustment | — |
| Moving Costs | — |
| Other Costs | — |
| NET PROCEEDS TO SELLER | — |
Most sellers focus on the listing price — but the number that matters is what you actually receive after all costs are paid. The biggest deductions are typically your real estate commission plus HST/GST (combined, often 5.65–5.75% of sale price in Ontario), your outstanding mortgage balance, and any prepayment penalty for breaking your mortgage early.
Primary residence capital gains: Canada's principal residence exemption means that gains on your primary home are completely tax-free. This is one of the most powerful benefits in Canadian personal finance. However, if you're selling an investment property, cottage, or a home you've rented out, capital gains tax applies.
Run the numbers before you buy, sell, or invest — estimate payments, taxes, affordability, and potential returns in seconds.
Sellers typically net about 90% to 93% of the sale price after commission, legal fees and closing costs, before paying out the mortgage. Enter your price, mortgage balance and penalty to see the cash you walk away with.
Net proceeds equal the sale price minus real estate commission (plus HST or GST on it), the mortgage payout and any prepayment penalty, legal fees, discharge fees and property tax or utility adjustments. The gain on a principal residence is exempt from capital gains tax in Canada.
Reviewed November 2026 by the mortgage team at Top Mortgages Inc. Figures are estimates for general information. They are not a quote, an approval or financial advice, and lenders set their own final terms.
Commission is commonly about 4% to 5% plus tax, with legal and discharge fees and a possible mortgage penalty on top.
Not on your principal residence. Investment properties and second homes can be taxable.
Your lawyer pays out the lender from the sale proceeds on closing, including any penalty and discharge fees.
Often yes: ask your lender about porting your mortgage to the new home, or selling near your renewal date.
A calculator gives an estimate. A licensed mortgage professional can tell you what you actually qualify for, at no cost, and your credit is not checked to start.
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