Seller Tools
Net Proceeds Calculator — Vancouver BC Home Sale
Walk-away cash, calculated. Commission, GST, mortgage payoff, penalty, and legal fees — all in one number.
This net proceeds calculator for Vancouver BC tells you the exact dollar amount you'll walk away with on completion day. We start with the gross sale price and subtract every line item your notary will deduct: real estate commission (typical BC tiered structure), 5% GST on the commission, mortgage payoff plus prepayment penalty, legal fees, and any additional selling costs.
Use it before listing — and again before accepting any offer.
Net Proceeds Math: How Much You Actually Walk Away With
Selling a home in Vancouver BC isn't just sale price minus mortgage. After commissions, GST, penalty, and legal fees, your true net proceeds are typically 5%–9% lower than the listing price.
The Standard BC Commission Structure
Most BC listings use the historical tiered structure: 7% on the first $100,000 and 2.5% on the remainder, split between the listing brokerage and the buyer's brokerage. This is fully negotiable — Renanza Realty competes on service and results, not just headline rate.
5% GST on Commission
CRA treats real estate commissions as a taxable service. 5% federal GST is added to the total commission amount and paid out of your sale proceeds at closing.
FAQ
Can the buyer pay the real estate commission?
Almost always the seller pays both the listing and buyer-side commission out of the sale proceeds. New CREA rules introduced in 2024 mandate written buyer agency agreements but the practical fee allocation hasn't shifted in BC.
⚠️ Legal Disclaimer
This net proceeds calculator is provided for general informational and estimation purposes only. Real estate commissions are negotiable and not fixed by any board, brokerage, or law. Mortgage discharge penalties, legal fees, GST treatment, and statement-of-adjustments items vary by transaction. Results are illustrative estimates only and are not legal, tax, or financial advice. Final net proceeds are determined by your notary or lawyer and your specific listing agreement. Always consult a licensed BC REALTOR®, mortgage broker, and conveyancer before making any selling decision. Dan Marusin PREC, Renanza Realty, and danmarusin.com assume no liability for any errors, omissions, or financial decisions made on the basis of this calculator's output.