Selling a Home in Toronto: How to Price It Using Comparable Sales
Selling a home in Toronto starts with one decision that shapes everything after it: the asking price. Set it well and you attract the right buyers early. Set it poorly and you spend weeks correcting it. This guide explains how to price your home using comparable sales, how an offer date fits in, and when to adjust after you list. What Is a Comparable Sale? A comparable sale, or "comp," is a recent sale of a property similar to yours, in the same area, that has already closed. Comps matter because they show what buyers actually paid, not what sellers hoped for. A good comp matches your home on: Property type (detached, semi, townhouse or condo) Neighbourhood, ideally the same street or a few blocks away Size, lot, and layout Age and condition Sale date, as recent as possible Your…
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Topic
Selling
Pricing, preparing and launching your home to the market.
Selling a Home in Toronto: How to Price It Using Comparable Sales
Selling a home in Toronto starts with one decision that shapes everything after it: the asking price. Set it well and you attract the right buyers early. Set it poorly and you spend weeks correcting it. This guide explains how to price your home using comparable sales, how an offer date fits in, and when to adjust after you list. What Is a Comparable Sale? A comparable sale, or "comp," is a recent sale of a property similar to yours, in the same area, that has already closed. Comps matter because they show what buyers actually paid, not what sellers hoped for. A good comp matches your home on: Property type (detached, semi, townhouse or condo) Neighbourhood, ideally the same street or a few blocks away Size, lot, and layout Age and condition Sale date, as recent as possible Your…
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Selling a Home in Toronto: Set Offer Date or Open-Ended Listing?
Selling a home in Toronto starts with one structural decision: do you collect offers on a set date, or accept them as they arrive? Both are legitimate, and neither suits every property. The right choice depends on your price, your buyer pool, your timeline and what each extra week on the market costs you. This guide explains how each method works in Ontario so you can decide with the numbers in front of you. What is a set offer date in Ontario? A set offer date, sometimes called an offer hold-back, is a date and time stated in the MLS listing when the seller will begin reviewing offers. Buyers prepare their offers in advance and submit them for that deadline. The listing is usually public for several days to a week or so first. That gives buyers time to view…
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Selling a Home in Toronto: What It Really Costs, Line by Line
Selling a home in Toronto rarely costs one number. It costs a handful of separate items, each with its own rules, and several only show up on your lawyer's statement a few days before closing. If you know them in advance, you can work out your net proceeds before you list, not after you accept an offer. I'm Nima Nojavan-Kheiraddin. Coming from commercial and investment real estate, I start with the numbers, so this is how I'd walk a seller through them. What Is the Cost of Selling a House in Ontario? The cost of selling a house in Ontario is the total of everything deducted from your sale price before the money reaches you. The main items are: Real estate commission, plus HST Legal fees and disbursements Mortgage payout costs, including any prepayment penalty Closing adjustments, such as property…
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The approach
With me, you don’t buy with confidence, you close with it.
I'm Nima. My work in commercial and investment real estate has taught me to look beyond the property itself, to the numbers, the risks and the details that matter. I bring that same approach to every residential transaction.