Toronto, ON Realtor® Fee & Cash to Close Calculator
In Toronto, the median home price is C$1,120,000. Under provincial real estate legislation, Buyer Representation Agreements (BRAs) govern agent commissions. Model your Realtor® compensation, provincial HST (13%), and Land Transfer Tax in Canadian Dollars.
RealBuyerAgent.com
Canadian Homebuyer Cash-to-Close & Realtor® Fee Receipt · Toronto, ON
2026-10-21
C$1,120,000
C$224,000
C$31,640
-C$28,000
C$3,640
C$44,760
C$272,400
Compliance & Governing Standard:
Governed by Real Estate Council of Ontario (RECO) under TRESA. Subject to standard OREA Form 300 – Buyer Representation Agreement (BRA). Commissions are negotiable by law and not fixed by any real estate board or Canadian government entity.
Toronto, ON Realtor® Fee & Cash-to-Close Calculator
Toronto median baseline: C$1,120,000
Base: C$28,000 + HST (13%): C$3,640
Off-MLS cooperating credit requested in the purchase offer
Estimated Cash to Close Summary
C$272,400
C$224,000
C$3,640
incl. HSTC$42,560
C$2,200
In Canada, real estate commissions and representation terms are fully negotiable by law. Under provincial rules (such as Ontario's TRESA administered by RECO, or BCFSA regulations in BC), buyers must receive written disclosure of representation before entering into a binding purchase agreement.
Understanding Buyer Representation Agreements (BRA) in Ontario
How Canadian real estate regulations safeguard buyers through written representation agreements and transparent commission disclosures.
In Canada, real estate trade practices are governed at the provincial level—such as Ontario's Trust in Real Estate Services Act (TRESA) administered by RECO, BCFSA in British Columbia, and RECA in Alberta. Under modern standards, a written Buyer Representation Agreement (BRA) must clearly define what services your brokerage will perform and exactly how much they will be paid.
No Price-Fixing or Standard Fees
The Competition Act strictly prohibits any real estate board, association, or brokerage from setting standard commission rates. Realtor® fees can be structured as percentages, flat retainers, or tiered incentive fees.
GST / HST Application on Professional Fees
Unlike the United States where real estate brokerage services do not attract state sales taxes, Canadian Realtor® fees are subject to federal and provincial sales taxes (13% HST in ON).