Closing Costs for Buyers

What costs should you expect when buying Real Estate in Vancouver?

- Home inspection ~$500

- Moving fees (dependant on building)

- Budget ~1% for adjustments

- Conveyancing fees ~ $1000

- Property Transfer Tax 1% on first $200K, 2% on amount from $200K-$2M, 3% on amount from $2M-$3M, 5% on the amount over $3M.


First time Buyers have an exemption under $500K and a sliding scale between $500K-$525K.


Check out this calculator to calculate exact PTT: https://www.bcrealestatelawyers.com/p...


If you have any questions feel free to drop us a line down below or contact us through www.caseyarchibald.com.


IG @caseyarchibald

FB @caseyrealestate

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