Costs Borne by the Buyer:
Conveyance of title (typical cost $500 - $1500).
Standard survey (typical cost $500 - $1500). (Detailed surveys are more expensive.)
Home insurance (premiums vary consult your insurance broker).
Property Transfer Tax (PTT) which is payable to the Land Title and Survey Authority of BC (1% of the first $200,000 of purchase price and 2% of the balance of the purchase price).
HST of 12% is payable on new construction (rebates may apply, depending on your purchase price).
