The realtor commissions in Ontario range from 3.5% to 5% of the property's final selling price, and the average rate is 5%. The buyer and seller agents split the commission, with the buyer realtor getting 2.5%. In Toronto, the commission rates are similar to the rates across Ontario.. To calculate the commission amount, let's assume the sale price of a house is $1,000,000. Thus, 7% on the first $100,000 is equal to $7,000. Then we take the balance of the sale price, which is $900,000, and multiply it by 3.0%, we get $27,000. We then add the two amounts together, $7,000 + $27,000 we get a total of $34,000.
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In British Columbia, real estate agents often charge graduated commissions. So, on average, the combined realtor fees of the first $100,000 of the transaction value range from 6% to 7%, while the remaining amount is typically charged 2% to 3% for the realtor commission.. Let me use an example to help you compare the real estate.. Strata Fees in Vancouver and Surrounding Areas. Vancouver, known for its high cost of living, reflects this in its strata fees. The average monthly strata fee in Vancouver can vary greatly, influenced by the amenities offered, the age and condition of the building, and the square footage of the unit. Similarly, Burnaby, while mirroring.
