Seller's Net Proceeds Calculator
Estimate your take-home after all costs & tax
1
The Essentials
Estimated Selling Price
Expected sale price based on current market conditions and comparable sales in your area.
$
Mortgage Payoff Amount
Outstanding balance owing on your mortgage(s) at closing, including accrued interest. Request a payout statement from your lender.
$
Mortgage Prepayment Penalty
Fee charged for paying out your mortgage before the end of the term. Enter $0 if at end of term or not applicable.
$
2
Pre-Sale Investments
Pre-Sale Renovations
Repairs or improvements made before listing — painting, flooring, landscaping, fixture upgrades, etc. Keep all receipts for tax purposes.
$
Pre-Listing Home Inspection
Optional but recommended — identifies issues proactively, avoids buyer negotiation surprises, and strengthens buyer confidence.
$
Professional Staging
Cost to furnish or rearrange your home for maximum buyer appeal. Staged homes typically sell faster and for a higher price.
$
3
Transaction Costs — Ontario Standard
Real Estate Commission
Total fee paid to both the listing and buyer's brokerage upon a successful sale.
%
=
$37,500
Legal Fees & Disbursements
Your real estate lawyer's fees for reviewing the Agreement of Purchase and Sale, conducting title searches, registering the deed, and closing the transaction, plus out-of-pocket disbursements.
$
HST (13%) on Services
Ontario HST applies to commission, legal fees, home inspection fees, and renovation costs — not the property price itself.
Calculated automatically on commission + legal + inspection + renos
$0
4
Tax Status — The "Cottage" Toggle
Property Type
Primary residence sales are exempt from capital gains tax in Canada. Secondary properties (cottages, rentals, investment properties) may be subject to tax on 50% of the gain.
Original Purchase Price
The price you originally paid for the property. Used to calculate the capital gain: Estimated Selling Price minus Original Purchase Price.
$
Estimated Marginal Tax Rate
Your average marginal income tax rate. In Canada, 50% of the capital gain is added to your taxable income and taxed at this rate. Consult an accountant for your exact rate.
%
Selling Price
$750,000
– Mortgage Payoff
–$320,000
– Pre-Sale Costs (reno + inspection + staging)
–$0
– Transaction Costs (commission + legal + HST + penalty)
–$0
Estimated Net Proceeds
$0
This calculator is provided for estimation purposes only and does not constitute legal, financial, or tax advice. Actual net proceeds will vary based on final sale price, lender payout amounts, legal fees, municipal levies, and individual tax circumstances. Always consult a qualified real estate lawyer, mortgage professional, and accountant for precise figures before making decisions.
