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Taxes & Closing Costs when Buying Real Estate in Victoria

Taxes:

Property Transfer Tax - LINK 

GST ( only applicable on new purchases) - LINK

Foreign Buyer Tax - LINK 

Speculation Tax / Vacancy Tax - LINK


Closing Costs:

Legal Fees

Inspection

Mortgage Associated Costs 

Appraisal


Program For First Time Buyers:

Click on this link for some details LINK


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

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.