Free, no sign up
What a BC presale actually costs you
Deposits, GST, property transfer tax and the monthly carry, using the current BC and federal rules, including the first-time-buyer GST rebate.
Your numbers
$
sq ft
%
%
yrs
$/mo
$/mo
CASH YOU NEED TO CLOSE
$788,080
Deposits plus everything due on completion day
Monthly carry
$12,985
Deposits
$432,900
Cash to close
Deposits paid during construction15% across construction$432,900
Balance of down payment$144,300
GST at 5%$144,300
Property transfer tax$64,580
Legal and closing$2,000
Total cash required$788,080
Every month
Mortgage payment4.29% over 25 years$12,510
Strata fee$330
Property tax$145
Monthly cost$12,985
Estimates only. Rates, fees and taxes change, and eligibility depends on your situation. This is not financial or tax advice. Confirm with your mortgage broker, lawyer and accountant before committing.
Related calculators