What are the costs of selling a home?

Realtor commissions (typically 4-5%), legal fees, mortgage penalties (if applicable)

Do I need to stage my home?

Staging can increase appeal and selling price. Well-presented homes tend to sell faster.

How long does it take to sell a home in Toronto?

Market conditions vary, but well-priced homes in desirable areas often sell in a few weeks.

When is the best time to sell my home?

Spring and fall are traditionally the hottest markets, but demand exists year-round.

What’s the difference between a buyer’s market and a seller’s market?

A buyer’s market has more listings than buyers (lower prices), while a seller’s market has more buyers than homes (higher prices, bidding wars).

Do I have to accept the highest offer?

No, other factors like conditions (financing, home inspection) and closing date can be equally important.

What happens if my home doesn’t sell?

You may need to adjust pricing, improve marketing, or make minor renovations to attract buyers.

What is a firm vs. conditional offer?

A firm offer has no conditions, while a conditional offer depends on financing, home inspection, or other factors before closing.

What’s the best way to increase my home’s value before selling?

Simple upgrades like fresh paint, updated lighting, and minor kitchen/bathroom improvements can make a big difference.

Professional staging and high-quality photos improve buyer interest.

How much notice do I need to give my tenants if I’m selling a rental property?

In Ontario, you must provide 60 days’ notice if the buyer or their immediate family intends to move in.

The new owner must honor the lease if tenants are in a fixed-term agreement.

Do I need to pay capital gains tax when selling an investment property?

Yes, capital gains tax applies to investment properties, but not to your primary residence.

What happens if my home doesn’t sell?

Adjust your price, improve marketing, or wait for a stronger market.

In some cases, renting out the property temporarily may be an option.

Can I sell my property if it has tenants?

es, you can sell a tenanted property, but the lease must be honored by the new owner.

If the new owner or their immediate family intends to move in, you must give 60 days' notice before the lease term ends.

The tenant is entitled to one month’s rent as compensation in this case.