How a Kitchen Renovation in Toronto Adds Value to Your Home
June 10, 2025
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Selling your home can seem straightforward, but many homeowners underestimate the real costs involved.
Let’s break down the typical costs of selling a home in Ontario clearly and simply.
One of the biggest costs of selling a home in Ontario is realtor commission. Usually, this is around 5% of your home’s sale price, split between your realtor and the buyer’s agent.
If you sell your home without a realtor, you save on commission but must handle everything yourself—from negotiations to paperwork, marketing, and staging.
Staging makes your home attractive to buyers, helping it sell faster and often for more money. Professional staging can cost between $500 and $5,000.
When you work with a realtor, staging costs are often included in the commission fee. Selling alone means you’ll need to budget and manage these costs yourself.
Professional photos and marketing are essential to attract buyers. High-quality photography typically costs around $500 to $1,000, while marketing (like online listings and advertising) can add several hundred dollars more.
Realtors typically cover these marketing expenses, ensuring your home stands out online and attracts more buyers.
Legal fees are required when selling your home. Lawyers handle necessary paperwork, transfer ownership, and ensure everything legally checks out. Expect these fees to range from $1,000 to $2,000.
Mortgage Penalties: If your mortgage hasn’t ended yet, you might pay penalties for breaking it early.
Home Inspection or Repairs: Buyers might request inspections or repairs as a condition of sale.
Working with a realtor often saves money despite paying a commission. Realtors cover key costs like staging, photography, marketing, and negotiating repairs. They also help avoid costly mistakes and save you valuable time.
When selling alone, these responsibilities—and their associated costs—fall entirely on you.
Understanding the real costs of selling a home in Ontario helps you make smarter decisions. If saving time, money, and stress matters, partnering with a realtor often makes the most sense.
Want help figuring out exactly what selling your home will cost?
Contact us today—we’re here to answer your questions and guide you every step of the way.
Selecting the right agent significantly impacts your home-selling experience. Team Filipe’s deep knowledge of Toronto and proven track record ensures a smoother process, achieving top market value swiftly.
Follow these Toronto home selling tips with Team Filipe to position your property advantageously, ensuring a quick sale and maximum return on your investment.
Contact us here or give Filipe a call at (647) 298-9299
License# 4713274
Cell/Direct: 647-298-9299
1192 St Clair Ave WEach office independently owned and operated. For even more listings, visit remax.ca.
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