Full exemption up to $835,000 , with partial relief up to $860,000. Newly Built Homes: Full exemption up to $1,100,000 .
This is usually the largest closing cost. It follows a tiered structure: 1% on the first $200,000. 2% on the portion between $200,001 and $2,000,000. 3% on the portion over $2,000,000. Example: A $1,000,000 home triggers $18,000 in PTT. PTT Exemptions: house buying costs victoria
Professional home inspections generally cost $500 to $800 . Full exemption up to $835,000 , with partial
Expect to pay between $1,500 and $2,500 for a lawyer or notary to handle the title transfer. It follows a tiered structure: 1% on the first $200,000
Victoria has some of the highest property transfer costs in Australia, often requiring buyers to budget an extra of the price for upfront fees. Closing costs when buying a property in Victoria BC
In Victoria, BC , the "hidden" costs typically range from of the purchase price, excluding your down payment.