How much does a real estate agent cost in Toronto?
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In Toronto, the seller pays the agent commission, not the buyer. The commission is split between the listing agent and the buyer's agent. Total commissions typically fall between 3 and 5 percent of the sale price. For a deeper look at how the split works, see how the standard commission is structured in Ontario.
Commissions are negotiable in Canada. Some sellers pay closer to 3 to 4 percent, especially in fast-moving markets. As a buyer, you usually do not pay your agent directly. Find Toronto real estate agents and ask each one to explain their fee structure.