Calculate the real estate commission on a home sale in Nunavut. This calculator shows the total commission paid, how it splits between the seller’s and buyer’s agents, and what the seller receives after commission.
Quick answer: On a $500,000 home in Nunavut, expect to pay approximately $25,000 in commission (5%) plus GST, leaving you with $475,000 before other closing costs.
What percentage do most realtors charge in Nunavut in 2026?
The typical real estate commission in Nunavut is 5% of the sale price. This is usually split equally:
- Seller’s agent: 2.5%
- Buyer’s agent: 2.5%
The full commission is paid by the seller from the sale proceeds at closing. Commission rates are negotiable and not fixed by any regulatory body in Nunavut.
Why are Nunavut commission rates standard at 5%?
Nunavut’s real estate market is unique in Canada. With a small population (~40,000) and limited housing stock concentrated primarily in Iqaluit, there are fewer agents and less competition compared to major urban centres. This results in fairly standardized commission structures.
Nunavut commission examples (2026)
| Sale Price | Commission (5%) | GST on Commission | Seller’s Agent (2.5%) | Buyer’s Agent (2.5%) | Seller Proceeds |
|---|---|---|---|---|---|
| $350,000 | $17,500 | $875 | $8,750 | $8,750 | $331,625 |
| $450,000 | $22,500 | $1,125 | $11,250 | $11,250 | $426,375 |
| $500,000 | $25,000 | $1,250 | $12,500 | $12,500 | $473,750 |
| $600,000 | $30,000 | $1,500 | $15,000 | $15,000 | $568,500 |
| $700,000 | $35,000 | $1,750 | $17,500 | $17,500 | $663,250 |
Nunavut housing market 2026
Nunavut’s housing market is unique in Canada:
- Iqaluit dominates with 60%+ of all territory transactions
- Average home prices range from $450,000 to $550,000 — significantly higher than many southern Canadian cities
- Limited housing supply and extremely high construction costs (materials must be shipped or flown in)
- Rental vacancy rates are typically under 1%, creating pressure on the purchase market
- Many homes are sold through government housing programs rather than open market
How real estate commission works in Nunavut
When you list your home with a real estate agent, you sign a listing agreement specifying the commission rate. At closing, the commission is deducted from the sale proceeds and split between the listing brokerage and the buyer’s brokerage.
GST on commission
Nunavut has no territorial sales tax — only 5% GST applies to real estate commissions. On a $20,000 commission, GST adds $1,000, making the total cost $21,000. See the Nunavut sales tax calculator for more.
Can you negotiate commission in Nunavut?
Yes. Commission rates are not regulated and can be negotiated. With Nunavut’s small real estate market, options may be more limited than in larger centres, but sellers can still discuss rates with their agent.
Selling costs beyond commission
- Legal fees — typically $1,000 to $2,000
- Mortgage discharge fee — if your mortgage is being paid off at closing
- GST on commission — 5% GST applies to agent commissions in Nunavut
Buying costs in Nunavut
- No land transfer tax — Nunavut does not charge a land transfer tax
- Home inspection — highly recommended, especially given northern construction conditions
- Legal fees — $1,000 to $2,000
- Mortgage insurance — if less than 20% down; see the Nunavut mortgage insurance calculator
Frequently asked questions
What is the typical real estate commission in Nunavut?
5% of the sale price, split evenly between the seller’s and buyer’s agents.
How much commission is paid on a $400,000 home sale?
$20,000 total — $10,000 to each agent.
Is real estate commission negotiable in Nunavut?
Yes. Rates are not fixed by law and can be negotiated with your listing agent.
Related guides
- Nunavut mortgage rates — Compare current fixed and variable rates
- Nunavut mortgage affordability calculator — See how much home you can afford
- Nunavut mortgage insurance calculator — Calculate CMHC premiums
- Nunavut sales tax calculator — Only 5% GST applies
- Nunavut tax brackets 2026 — Provincial and federal rates
- Nunavut hourly-to-salary calculator
- Nunavut minimum wage 2026 — Current rates and history
- Income needed to buy a home in Canada — Salary requirements by city
- Down payment calculator — Calculate your minimum down payment
