Taxes & Closing Costs when Buying Real Estate in Victoria

Taxes:

Property Transfer Tax

GST ( only applicable on new purchases)

Foreign Buyer Tax

Speculation Tax / Vacancy Tax


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

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.