Taxes & Closing Costs when Bying Real Estate in Victoria

Taxes:

Property Transfer Tax

GST ( only applicable on new purchases)

Foreign Buyer Tax

Speculation Tax ( Not in Effect)

Closing Costs:

Legal Fees

Inspection

Mortgage Associated Costs 

Hi everyone, please find some costs associated with buying a home in Victoria, British Columbia. Some costs are minimal and some costs can be greater. It all depends on each purchase. 

Please contact me and I can recommend some professional lawyers and accountants that may be able to assist you with your questions.

Thank you, 

Shirin Purewal