If you aren’t careful, you could pay a fortune on capital gains tax when you sell a real estate property in Canada. In most cases, Canadians can sell their house tax-free using the primary residence exemption (PRE). To benefit from this provision, it is important that your house qualifies as a primary residence and that you follow the right steps in the sale of your house. Did you live in the house for a number of years or did you rent it for certain periods of time? There are certain criteria for you to be able to claim primary residence exemption when you sell your house. Find a good broker to assist you with your real estate sale by using our free online comparator.