There is no standard or average real estate commission and REALTOR® fees are always negotiable.
Property Transfer Tax Calculator
TAX ON AMOUNT UNDER $200,000 (1%)
$2,000
TAX ON AMOUNT OVER $200,000 & LESS THAN $2,000,000 (2%)
$16,000
TAX ON AMOUNT OVER $2,000,000 & LESS THAN $3,000,000 (3%)
$
TAX ON AMOUNT OVER $3,000,000 (5%)
$
TOTAL TAX PAYABLE
$18,000
If the property is classified as residential and farm, or is residential mixed class (such as residential and commercial), you pay the further 2% tax on only the residential portion of the property.