Investing
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Investing in Property in British Columbia


If you are looking to purchase an investment home in British Columbia, we have compiled some information to help in your buying decision. We begin with a section about the basic costs involved in purchasing a residential investment property. Please keep in mind that prices and percentages quoted represent average costs, may vary per area and are subject to change at any time without notice. Other costs, not mentioned here may come into play depending upon your purchase.

Basic Costs of Purchasing Investment Property in B.C.
(All Prices Listed in Canadian Funds and based on costs in late 2000s)*

Home Inspection $250-800 CAD
Septic Inspection $200-400 plus Pump-Out fee (avg. $150 plus disposal fee/gallon)
Well Inspection $85-100/hr.

Agent Fees

Normally 7-8% of first $100, 000 & 3% of remainder (plus 6% GST on this commission)
Legal Fees Varies
Property Taxes Balance of taxes seller has pre-paid. As an investor, you are responsible for the entire property tax bill (no special government grants).
Property Transfer Tax Usually 1% of the first $200 000 and 2% of the value thereafter.
GST (April 1, 2013) 7% on new construction (rebates possible in some cases).


 *All prices and info on this page subject to change without notice.

Featured Homes

Oceanfront Lot
Oceanfront Lot Ucluelet, British Columbia
$1,369,000
Oceanfront Bamfield
Oceanfront Bamfield Port Alberni, British Columbia
$498,000
Sproat Lake Home
Sproat Lake Home Port Alberni, BC
$629,000
Live the Dream!
Live the Dream! Saturna Island, British Columbia
$4,600,000

Featured Waterfront Realtor

Dave Koszegi Group
RE/MAX of Nanaimo - Dave Koszegi Group

Dave Koszegi is SOLD on Sproat Lake and the Alberni Valley DAVE. For waterfront properties on Sproat Lake, it's the only name you need to know. One of Canada's top-ranked RE/MAX Realtors, Dave was (...)

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