When homeowners in Ottawa decide to sell, most focus on the listing price and potential profits. But what often catches sellers off guard are the hidden costs of selling a home—fees, repairs, and expenses that can quietly eat away at your final payout.
In 2025’s evolving market, being prepared for these costs isn’t just smart; it’s essential. Let’s break down the hidden expenses Ottawa sellers face—and practical ways to keep more money in your pocket.
1. Real Estate Commissions
One of the biggest costs in selling is the agent commission, usually between 4–5% of the sale price. For a $700,000 home, that’s $28,000–$35,000.
How to reduce this cost:
Interview multiple agents—rates aren’t always fixed.
Ask about full-service vs. discount brokerages.
Remember that a strong agent can often net you more by negotiating a higher sale price.
2. Staging and Preparation Costs
Today’s Ottawa buyers expect homes that look polished in photos and showings. This can mean:
Decluttering and storage rental ($200–$500)
Deep cleaning ($300–$500)
Staging furniture rental ($1,000–$3,000+)
How to reduce this cost:
DIY staging with your own furniture.
Use your agent’s staging inventory (many include it for free).
Focus staging on high-impact rooms—living room, kitchen, and master bedroom.
3. Pre-Sale Repairs and Upgrades
Minor issues like leaky faucets, chipped paint, or a squeaky door can spook buyers. Larger repairs, like roof shingles or furnace servicing, may also come up. Costs can range from a few hundred to several thousand dollars.
How to reduce this cost:
Get a pre-listing inspection to know what buyers might flag.
Fix small issues yourself before listing.
Avoid over-renovating—stick to ROI-driven fixes like paint, lighting, and curb appeal.
4. Legal Fees
In Ontario, sellers must use a real estate lawyer to close the transaction. Expect to pay $1,000–$2,500 depending on complexity.
How to reduce this cost:
Get quotes from multiple real estate lawyers.
Choose one experienced in Ottawa transactions to avoid costly mistakes.
5. Mortgage Penalties
If you break your mortgage early, lenders may charge a penalty fee. This could be three months’ interest or an Interest Rate Differential (IRD), sometimes amounting to thousands of dollars.
How to reduce this cost:
Call your lender before listing to calculate the penalty.
If possible, time your sale with your mortgage renewal to avoid fees.
Ask about porting your mortgage to your next property.
6. Closing Adjustments
Sellers often need to reimburse buyers for prepaid expenses like property taxes, utilities, or condo fees. This can add up to several hundred dollars at closing.
How to reduce this cost:
Budget for adjustments in advance.
Align your sale date with billing cycles to minimize overlap.
7. Moving Costs
Once your home sells, you’ll face moving expenses. Hiring movers in Ottawa can range from $1,000 to $3,500, depending on distance and volume.
How to reduce this cost:
Compare moving companies and book early.
Declutter before the move—less stuff means lower costs.
Consider renting a truck and moving with friends if feasible.
8. Capital Gains (for Investment Properties)
If you’re selling a rental property or a home that wasn’t your primary residence, you may owe capital gains tax on the profit.
How to reduce this cost:
Keep receipts for eligible expenses and improvements.
Speak with a tax professional about exemptions and deferrals.
9. Temporary Housing and Storage
If your new home isn’t ready when your old one sells, you may face bridge costs—temporary rentals, storage units, or staying with family.
How to reduce this cost:
Negotiate a rent-back agreement with your buyer (you stay in the home after closing for a short period).
Time your purchase and sale as closely as possible.
10. Emotional Cost: Time and Stress
Selling a home isn’t just financial—it’s emotional and time-consuming. Showings, negotiations, and packing all take their toll.
How to reduce this cost:
Hire a reliable full-service agent who handles details for you.
Have a clear plan for moving timelines.
Stay realistic about pricing to avoid a long, stressful listing.
Final Thoughts
The hidden costs of selling your Ottawa home can add up fast—but with smart planning, they don’t have to erode your profits. By understanding commissions, repairs, legal fees, and moving expenses ahead of time, you’ll avoid surprises and walk away with more money in your pocket.
If you’re considering selling in 2025, budgeting for these costs early is one of the best moves you can make.