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BC closing costs

Property Transfer Tax is usually the biggest surprise. First-time buyers get a full exemption up to $500k and partial up to $860k.

Cash to close
$188,200
Down payment + one-time costs
Net PTT
$15,000
Full PTT: $15,000
Down payment$170,000
Property Transfer Tax$15,000
Legal fees$1,800
Inspection$600
Appraisal$500
Title insurance$300
CMHC insurance (added to loan)None (20%+ down)
Down: 20.0% · Loan: $680,000. Budget an extra 1–1.5% for interest and property tax adjustments on closing day.
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Scenario only — not a pre-approval. Real rates depend on lender, credit, and property.