HSA for Realtors and Real Estate Agents in Canada

By Frontier Team•February 10, 2026•4 min read

If you are a realtor in Canada operating through a personal real estate corporation, you can turn your healthcare costs into a deductible business expense. A Health Spending Account lets your corporation reimburse you for medical expenses -- tax-free to you, fully deductible for the business. And because it is pay-as-you-go, it works perfectly with the variable income that comes with real estate.

Why Realtors Are a Great Fit for an HSA

Many realtors incorporate for tax efficiency. If you already have a personal real estate corporation and pay yourself a T4 salary, you qualify for an HSA right away. There is no minimum income requirement and no lengthy approval process.

The pay-as-you-go structure matters here. Real estate income is unpredictable -- a great month might follow a slow quarter. Traditional health insurance charges fixed monthly premiums whether you close deals or not. With an HSA, you only pay when there is an actual medical expense. No wasted premiums during quiet months.

What Realtors Actually Claim

Here are the eligible medical expenses we see most often from realtors:

  • Dental -- cleanings, crowns, and orthodontics for the whole family
  • Vision -- glasses and contacts, especially important if you are driving between showings all day
  • Prescriptions
  • Massage and chiropractic -- long hours in the car and on your feet at showings take a toll
  • Physiotherapy -- for back and joint issues from constant driving and walking properties
  • Mental health -- therapy and counselling to manage the pressure of a commission-based career

Your spouse and dependent children are covered under the same plan.

Tax Savings Example

Say you set an annual HSA limit of $3,600 and your family uses the full amount:

  • Dental: $1,200
  • Glasses for you and your spouse: $700
  • Massage and chiropractic: $800
  • Prescriptions: $400
  • Therapy: $500
  • Total: $3,600

Without the HSA, you would need $5,000 to $6,500 in pre-tax personal income to pay for the same expenses. With the HSA, your corporation deducts the full $3,600. That is $1,400 to $2,900 back in your pocket every year.

How It Compares to Brokerage Group Plans

Some brokerages offer group health plans, but they come with limitations. They charge monthly premiums regardless of whether you use them, lock you into predefined coverage tiers, and often exclude the things you actually need -- like massage, mental health, or higher dental limits. If you switch brokerages, you may lose coverage entirely.

An HSA gives you full control. It covers anything the CRA allows, which is far broader than most group plans. And it stays with your corporation no matter where you hang your license.

Offering an HSA to Your Small Team

If you have a buyer's agent, admin assistant, or transaction coordinator working for you, an HSA is one of the easiest benefits you can offer. There are no monthly premiums to budget for -- you only pay when someone submits a claim. It is fully deductible for your corporation and tax-free to your team. For a small real estate operation competing for good people, it is a meaningful perk without the overhead of traditional insurance.

Get Started With Frontier Health

At Frontier Health, setting up an HSA for your real estate corporation takes about 10 minutes. Submit receipts through our app, get reimbursed within 48 hours, and everything stays CRA-compliant. No setup fees, cancel anytime.

Simplify Your Business Health Benefits

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