Knowing how to sell a condo in Toronto requires the guidance of condominium specialists who have the right combination of market insight, negotiation expertise, and investment knowledge. As local real estate specialists, our team will guide you through a hands-on process to a successful condo sale.

Here’s how to sell a condo in Toronto successfully.

1. Review the Rules and Regulations


Condo buildings have varying rules and regulations on showing, marketing, and selling units. Before you list your condo, check to see what kind of restrictions there are on details such as public open houses and ‘For Sale’ signs.

2. Prepare Your Condo For Sale


Attracting buyers to your condo requires proper staging and preparation. Condo units are sometimes tight on space , which is why presentation is key. Decluttering your space can make it appear more spacious, while depersonalizing offers prospective buyers a blank slate to imagine the space as their own. Make any improvements, upgrades, or repairs before the home is listed to ensure the condo is seen at its best. Our team can recommend cleaning, staging, and home improvement services if necessary for selling a condo.

3. Obtain a Status Certificate


Your unit’s status certificate is a document that includes all of the basic information on your unit and condominium building, including financial details, fees, upcoming increases, and a unit’s arrears and liens. It also includes the condo declaration, by-laws, rules, and more. This document will help you answer many questions a potential buyer will have.

4. Pricing Your Condo to Sell


With a strong financial background and years of both professional and personal real estate experience, our team can help you establish a strong list price that matches the market. We will look at comparable units within the building and in similar condos to determine the best possible selling price.

5. Target the Real Estate Market


Our marketing campaigns include social media outreach, online advertising, network email blasts, direct client and broker calls, brochures, and more. Our marketing program will be tailored to you so your condo is presented to reflect the target market.

6. Negotiate and Close the Deal


When an offer or offers come in, we will notify you immediately and set up a time to discuss your options either in person or over the phone, with expertise provided on the validity of the offer. Once a decision is made, the details will be looked over by your legal representative, who will oversee the transfer of funds and key exchange. After that, your condo will be sold!

TRB Education Hub

Get the real estate resources you need to succeed. Visit our education hub for market insights, guides, podcasts and more.

TRB Education Hub

More Posts