The Fastest Way to Sell Your Toronto — The Six Cash Offer in 24 Hours, As-Is
We buy houses for cash across Toronto and the GTA — Old Toronto Edwardians, North York rentals, Scarborough bungalows, and Etobicoke condos — and send a offer within 24 hours. No commissions, no staging, no showings; we buy as-is and close in as little as 7 days through a licensed Ontario real estate lawyer.
Common Situations
Why Toronto Homeowners Sell Direct
Toronto's seller mix is genuinely different from any other Ontario market. Because the city blends a downtown condo segment that's been softening for two years, a century-old Old Toronto detached core that carries every pre-war construction issue going, a sprawling former-municipality ring (North York, Scarborough, Etobicoke, East York, York) full of post-war bungalows entering second-generation estate sales, an unusually high proportion of out-of-country and out-of-province ownership, and the longest LTB backlog in the country, the situations driving direct sales are concentrated in patterns you don't see elsewhere. Six recurring reasons Toronto homeowners reach out:
Inherited property. Long-held family homes across Scarborough, North York, Etobicoke, and Old Toronto inherited by adult children based in the U.S., U.K., Hong Kong, India, or other Canadian provinces who can't manage a Toronto property remotely. More on inherited property sales →
Tired landlords waiting on the LTB. Single-family rentals, basement-apartment properties, and downtown condos where tenant turnover, rent arrears, or N12/N13 disputes have stretched into Landlord and Tenant Board hearings that now routinely take many months to schedule. More on selling a tenanted rental →
Condo owners facing special assessments. Owners in older downtown, midtown, North York Centre, and Scarborough Centre buildings hit with special assessments for roof, balcony, or building-envelope work — and pre-construction buyers facing closing costs that no longer match a softening resale market.
Divorce or separation under Ontario family law. Matrimonial-home dispositions under the Ontario Family Law Act where both spouses need a clean, fixed-date sale rather than 90 days of MLS uncertainty while the separation agreement is being negotiated. More on divorce property sales →
Tried MLS, didn't work. Listing pulled or expired after 90-plus days, often a downtown condo in a building with carrying-cost issues, a Scarborough or Etobicoke bungalow with deferred maintenance, or an executive home above $3M outside the move-up sweet spot. More on selling after MLS →
Power of sale (Ontario). Notice of Sale under Mortgage served, the 35-day redemption window running, and the lender's solicitor preparing to list the property under power of sale. A direct cash sale before that point pays out the mortgage and stops the proceeding. More on selling under power of sale →
Moving to a retirement community or long-term care. Toronto owners stepping out of the family home into a retirement residence, assisted-living facility, or long-term care placement — needing a sale lined up to closing dates the receiving facility has already set. The point comes when the yard work on a waterfront lot stops being workable, and the home gets too big after the kids leave. More on selling under health, medical, or downsizing circumstances →
Frozen pipes, break-ins, or just months of empty. Vacant Toronto homes accumulate risk — frozen pipes after an Ontario winter cold snap, opportunistic break-ins, deferred maintenance compounding, and a buyer pool that shrinks dramatically once a property has been off-market and empty for 60+ days. A direct cash sale closes in 7 to 15 days as-is — no need to winterize, fix damage, or rent furniture for staging. More on selling a vacant home →
If your situation isn't on this list, it doesn't mean help isn't available. Most Toronto homeowners think their situation is unusual. It almost never is.
Sound like your situation? Submit your Toronto property today.
Get Cash Offer NowService Area
Toronto Neighbourhoods We Buy In
Houses, condos, townhouses, duplexes, and rental properties — across the entire City of Toronto and surrounding communities. Top neighbourhoods linked below for quick access; the full list is comprehensive.
Old Toronto — downtown core
Downtown Toronto · Annex · Cabbagetown · Trinity-Bellwoods · Yorkville · Rosedale · Forest Hill · St. Lawrence · Kensington-Chinatown · Liberty Village · King West · CityPlace · the Distillery District · Bay Street Corridor
Old Toronto — east end
Riverdale · Leslieville · Beaches · Danforth · the Beach · Greenwood-Coxwell · Woodbine Corridor · South Riverdale · Playter Estates · Broadview North · Upper Beaches · the Pocket
Old Toronto — west end
High Park · Roncesvalles · Junction · Parkdale · Bloor West Village · Junction Triangle · Little Portugal · Dufferin Grove · Dovercourt-Wallace · South Parkdale · Swansea · Brockton Village
North Toronto and midtown
Lawrence Park · Forest Hill · Davisville · Yonge-Eglinton · Lytton Park · Casa Loma · Wychwood · Mount Pleasant · Chaplin Estates · North Toronto · Forest Hill North · Forest Hill South
North York
Willowdale · Don Mills · Bayview Village · Hoggs Hollow · Bridle Path · York Mills · Banbury-Don Mills · Bedford Park · Newtonbrook · Lansing-Westgate · Bathurst Manor · Downsview · Glenfield-Jane Heights · Black Creek
Scarborough
Agincourt · Guildwood · Cliffside · Birchcliffe · Scarborough Village · West Hill · Highland Creek · Rouge · Malvern · Woburn · Bendale · Wexford-Maryvale · Clairlea · Oakridge · Dorset Park · Steeles
Etobicoke, East York, and York
The Kingsway · Mimico · Leaside · Weston · Islington-City Centre West · New Toronto · Long Branch · Alderwood · Stonegate-Queensway · Humber Heights · Eringate-Centennial-West Deane · Thorncliffe Park · Crescent Town · East York proper · Mount Dennis · Earlscourt · Cedarvale · Fairbank
Surrounding GTA municipalities
Mississauga · Brampton · Markham · Vaughan · Richmond Hill · Oakville · Burlington · Pickering · Ajax · Whitby · Oshawa · Milton · Cash offers extend across the broader Greater Toronto Area — the 905 belt north, west, and east of the city
If your property is anywhere in the Toronto Metropolitan Region, request a cash offer and a offer comes back within 24 business hours.
The Math
Why Selling to a Cash Buyer Makes Sense in Toronto
The dollar-cost math on a Toronto sale plays out at a different scale than anywhere else in Canada. Average sale prices, agent commissions, staging budgets, and carrying costs all run higher than in any other market in the country, which means the gap between a smooth retail sale and a stuck listing is also wider — and more expensive — than anywhere else.
Take a typical Toronto detached home sale around the current detached average of $1.37M. Ontario's typical commission structure of 5 per cent (split 2.5/2.5 between listing and co-operating brokerage) on a $1.37M sale produces about $68,500 in commissions before HST. On a $2M Lawrence Park or Bridle Path-area home, commissions run about $100,000. On a $700K downtown condo, commissions run roughly $35,000. Add staging, which on a Toronto family home routinely runs $8,000-$40,000 for vacant units, sometimes more in the executive segment. Add pre-listing inspections, minor repair scope flagged on inspection, and professional photography that captures the property without leaning on a softening market.
Then carrying costs. Days-on-market in the entry-level and move-up Toronto detached segment runs in the mid-20s for sharply-priced homes, but condos in older buildings, executive homes above $3M, properties with deferred maintenance or disclosure issues, and pre-construction units now closing into a softer market routinely sit 90-180 days. Mortgage interest at current rates, City of Toronto property tax (one of Ontario's lower municipal mill rates, but applied to high assessed values), condo or maintenance fees that routinely run $700-$1,500 per month on downtown units, utilities, insurance, and HST-on-services through the marketing window typically add another $12,000-$35,000. Deals that fall through on financing, condo-status-certificate review, or post-inspection negotiation push that timeline well past 6 months.
A direct cash sale trades the higher MLS gross for certainty and zero out-of-pocket exposure. No commissions because no agents are involved. No staging because the property sells in current condition. No carrying costs through a drawn-out marketing period. No reliance on conventional residential financing approval, which matters more for older Old Toronto Victorians and Edwardians, post-war Scarborough and Etobicoke bungalows with knob-and-tube or galvanized plumbing, condos in buildings facing special assessments, and pre-construction units carrying assignment-era pricing than retail Realtors usually mention. Closing happens through a licensed Ontario real estate lawyer in a typical 7 to 15 days. For sellers in the right situation, MLS will still produce a stronger final number — that's just true. For sellers facing power-of-sale proceedings, an estate-settlement timeline, an LTB-bound rental, a condo special assessment, or a property condition residential lenders won't underwrite, the trade-off is certainty, speed, and zero hassle. A cash buyer is not the right answer for everyone. It's the right answer for some.
The Math, Side by Side
MLS Listing vs Toronto Cash Sale
| MLS Listing | Cash Sale | |
|---|---|---|
| Commissions | 4-6% + HST of sales price | $0 |
| Staging | $8,000–$40,000 | $0 |
| Major repairs | $100,000+ on homes needing work | $0 — sold as-is |
| Carrying costs | $12,000–$35,000 over 90+ days | $0 |
| Time to close | 60–180 days | 7–15 days |
| As-is sale | Conditional on repairs and financing | 100% as-is |
Commission, staging, and carrying figures are pulled from Toronto comparable sales and the market data discussed above.
Pricing
How Much Is My Toronto House Worth in a Cash Sale?
Cash offers in Toronto are anchored to ARV — the After Repair Value. ARV is what the home would sell for on MLS, in renovated condition, in today's market. Pulled from comparable sales in your specific Toronto neighbourhood, adjusted for square footage, lot size, finish level, view exposure, and the property's positioning relative to subway and transit access, schools, and the local commercial corridor. From that number, an experienced cash buyer subtracts:
Cost of repairs and renovations — what it actually takes to bring the property to retail-ready condition for the Toronto buyer pool, which has the highest finish expectations in the country.
Holding costs during ownership — mortgage carrying at Toronto-scale loan amounts, City of Toronto property tax, condo or maintenance fees where applicable, utilities, insurance, and security through the renovation window.
Selling costs — Realtor commissions on the resale, closing costs, marketing, and staging when the renovated home eventually returns to MLS.
Target margin — the return required to make the project worth doing.
Two things push offers higher: solid condition (recent furnace, no foundation movement, roof has remaining life, kitchen and baths recently updated; on condos, a healthy reserve fund with no pending special assessments and a clean status certificate) and a strong-demand neighbourhood like the Annex, Riverdale, Leslieville, the Beaches, Leaside, the Kingsway, Lawrence Park, Willowdale, or Bayview Village where ARV comparables anchor at premium price points. Two things push offers lower: significant repair scope (foundation underpinning common on pre-1930 Old Toronto Victorians and Edwardians, full electrical rewiring on knob-and-tube homes, galvanized or lead pipe replacement, asbestos remediation, full kitchen and primary-bath renovation), and title or condo issues (pending special assessments, low reserve funds, condo corporation litigation, builder's liens, unregistered easements, probate not yet granted, matrimonial dynamics under the Ontario Family Law Act).
You get a written breakdown showing each of those four numbers — not just a final figure. If the math doesn't work for you, walk away. Zero pressure.
Process
How It Works in Toronto
Tell Us About Your Property
Fill out the form or call us. Takes 2 minutes. We ask a few questions about the property and your situation. Zero pressure.
Get a Fair Cash Offer in 24 Hours
We pull comparable sales, factor in condition and Toronto-specific market dynamics, and send you a clear, cash offer within 24 hours.
Close on Your Timeline — As Fast as 7 Days
Pick the closing date that works for you. We close through a licensed Ontario real estate lawyer. Cash wired directly to your account.
Quick Submit
Ready to start? Get your offer in 24 hours.
Specialty Cases
Toronto-Specific Situations We Handle
I inherited a Toronto home but I live out of country or out of province — how does this work?
Inherited properties across Scarborough, North York, Etobicoke, East York, and the older streets of Old Toronto are some of the most common cash sales in Toronto. Many of the families who built post-war Toronto have adult children based in the U.S., U.K., Hong Kong, India, the Caribbean, or other Canadian provinces who can't reasonably manage a Toronto property remotely. Ontario probate (called a Certificate of Appointment of Estate Trustee) is granted by the Ontario Superior Court of Justice — typical processing runs 4 to 16 weeks once the application is filed, longer in some Toronto registries. A cash sale can be lined up to close shortly after the Certificate is issued. Documents get signed remotely through an Ontario real estate lawyer with video commissioning, a Canadian consulate abroad, or a local notary. No need to fly to Toronto for showings, repairs, or contents-clearout.
I'm a tired landlord stuck with a tenant I can't move through the LTB — can you still buy?
Yes. Tenanted properties — including those mid-LTB hearing or with active N12 (landlord's-own-use) or N13 (demolition/major-renovation) applications, post-judgment arrears, or stalled rent collection — get purchased with the existing lease assumed on closing. The Landlord and Tenant Board doesn't need to release the file before sale. Whether the tenant stays long-term post-closing depends on the post-sale plan, which isn't your problem to solve before you sell. If the tenant has already vacated and the unit is sitting empty, that's also fine — vacant properties close just as cleanly.
I received a Notice of Sale under Mortgage — am I out of time?
Probably not yet. Ontario's power of sale process is faster than judicial foreclosure but it still has structure. After the Notice of Sale under Mortgage is served, the borrower has a 35-day redemption window during which the mortgage can be paid out and the proceeding stopped. After that window closes, the lender's solicitor can list the property under power of sale and take title at the eventual closing. A direct cash sale closing in 7 to 15 days can pay out the mortgage during the redemption window — provided enough equity exists in the property — and stop the proceeding before the lender's solicitor takes over. Earlier outreach gives more options.
Will you buy my Toronto condo if the building has a special assessment, pending litigation, or a Section 98 issue?
Yes, in most cases. Special assessments — common in older downtown, midtown, and North York Centre buildings facing roof, balcony, building-envelope, or HVAC capital work — pending lawsuits against the condo corporation, low reserve fund balances, Section 98 unauthorized-alteration issues, and the new short-term rental restrictions that some buildings have introduced are exactly the issues that scare retail buyers and their lenders away. Cash offers factor those costs into the price rather than rejecting the deal outright. Status certificates, reserve-fund studies, and budget materials still get reviewed before closing.
I bought a pre-construction condo and the closing math no longer works — can you help?
Sometimes. Pre-construction units that are now closing into a market significantly softer than the original purchase price create a real problem for buyers whose financing or appraisal won't cover the gap. Once the unit has registered on title and you have firm closing-day ownership, a direct cash sale can be evaluated like any other resale property — the offer is anchored to current ARV, not original purchase price. Pre-registration assignment dynamics are different and outside the scope of what gets purchased here.
I've owned a Toronto rental for 20-plus years — what about capital gains?
Long-held Toronto rentals carry significant capital gains exposure given the city's appreciation since 2000. A Scarborough or Etobicoke rental purchased in 2003 for $300,000 might dispose at $1.1M today. A Vendor Take-Back (VTB) mortgage — where part of the purchase price gets paid out over multiple tax years rather than fully at closing — can sometimes spread the gain across several reporting periods. That structure works for some sellers and not for others, depending on overall income and CRA filings. Talk to your accountant first before assuming anything. Once you know what works, the deal structure can be adjusted to fit.
My Toronto house is too much for one person now — can I sell as-is and walk away?
Yes. When stairs are becoming unsafe — and the prospect of repainting, decluttering, staging, and 60-90 days of MLS showings feels like more than the household can carry — a direct cash sale is the cleanest path out. The property sells in its current condition. The closing lawyer pays out the mortgage and property tax from the proceeds. Remaining equity gets wired to the seller's account, available to fund the next move — into a retirement community, assisted-living facility, long-term care, or a smaller home closer to family.
Local Quirks
Toronto Housing Supply Realities
Toronto's housing supply spans more than 130 years and the widest construction-era range of any Canadian city — from the late-Victorian and Edwardian semi-detached and rowhouse homes that defines Old Toronto's core neighbourhoods, through the inter-war and post-WWII bungalow and 1.5-storey expansion across Scarborough, Etobicoke, North York, East York, and York that absorbed Toronto's first big growth wave, the 1970s and 1980s suburban detached and townhouse buildouts, and the 1990s-and-onward condo boom that put more than 100,000 units across the downtown core, midtown, North York Centre, Scarborough Centre, and Etobicoke Centre. Each era brings its own issues at sale time, and Toronto's mix of geological, infrastructure, and disclosure complications is unique in the country.
Pre-1940 Old Toronto homes and foundation issues. Victorian and Edwardian semis, rowhouses, and detached homes in the Annex, Cabbagetown, Riverdale, Leslieville, Roncesvalles, Parkdale, Trinity-Bellwoods, the Junction, and the streets surrounding the original City of Toronto sit on rubble-stone or early concrete foundations — many over a century old, with significant settlement, perimeter drainage, weeping-tile, and waterproofing issues. Repair scope ranges from $10,000-$20,000 for crack injection and weeping-tile replacement to $80,000+ for full underpinning and basement-floor lowering on older homes where adding a basement apartment is the goal.
Knob-and-tube wiring, galvanized plumbing, and lead service lines. Pre-1950 homes across Old Toronto and the older fringes of East York and York frequently still show knob-and-tube wiring (which most insurers will not bind a policy on without a full rewire), galvanized supply piping that fails from the inside out, and lead service lines from the city main to the home — a particular issue for water-quality-conscious buyers, since the City of Toronto has been actively replacing lead service lines but residential sides remain the homeowner's responsibility. Polybutylene plumbing in 1980s and early 1990s suburban builds across North York and Scarborough is a separate issue. Buyers can't typically obtain a residential mortgage on properties with these systems until they're remediated — which means the property either sells cash or doesn't sell.
Asbestos, lead paint, vermiculite, and oil-tank legacy issues. Asbestos in pre-1990 vermiculite attic insulation, drywall mud, popcorn ceilings, vinyl floor tile, and pipe insulation is the recurring environmental issue across older Toronto homes. Lead paint in pre-1978 homes adds remediation cost on any renovation. Buried-oil-tank legacy — many post-war Scarborough, North York, and Etobicoke bungalows had oil heat before natural gas conversion — requires Technical Standards and Safety Authority (TSSA) decommissioning records that some homeowners can't produce, complicating disclosure. Any of these flags adds remediation cost and stalls retail buyers.
Condo special assessments and pre-construction closing pressure. Toronto's enormous condo segment carries a separate set of issues: ageing 1990s and 2000s downtown buildings now facing major capital work, pending Tarion warranty claims on more recent buildings, Section 98 unauthorized-alteration disputes, condo corporation litigation, low reserve funds, short-term rental restrictions tightened across many buildings, and the current wave of pre-construction owners closing into a market significantly softer than their original purchase price. The CMHC Housing Market Outlook flags persistent oversupply pressure on the GTA condo segment as the dominant Ontario market dynamic into 2026.
If your home has any of these, that's not a reason to walk away from selling. It's a reason to talk to a buyer who handles them every week.
Honest Disclosure
What We Typically Don’t Buy in Toronto
- Single-family homes priced above $1.8M. Above this range — including Forest Hill, Rosedale, the Bridle Path, Lawrence Park, Hoggs Hollow, Lytton Park, the Kingsway, and most other Toronto executive single-family homes — we're not the most efficient buyer pool in Toronto's competitive upper-tier market. A high-end Realtor with strong local-area experience will get you a stronger result. Rental, condo, townhome, and commercial properties at any price point are still a fit.
- Properties on First Nations reserve land. Different jurisdiction, different process — outside our scope.
- Actively on-market properties. If your home is currently listed with a Realtor, we can revisit once the listing has been formally cancelled or expired.
If you're not sure whether your property fits, submit it anyway — a quick response will let you know within 24 hours either way.
Common Questions
Frequently Asked Questions — Toronto
How fast can you actually close on a house in Toronto?
Typical close runs 7 to 15 days from accepted offer, depending on title status and your timeline. Closing happens through a licensed Ontario real estate lawyer. If circumstances are urgent — a power-of-sale redemption deadline, an estate timeline from out of country, an LTB-bound rental, or a tight relocation — a 7-day close is workable as long as title is clean and any required Certificate of Appointment of Estate Trustee is in hand.
Do you buy houses under power of sale in Toronto?
Yes. Ontario uses power of sale rather than judicial foreclosure. After the Notice of Sale under Mortgage is served, the borrower has a 35-day redemption window during which the mortgage can be paid out and the proceeding stopped. A cash sale closing in 7 to 15 days can pay out the mortgage during that window, provided enough equity exists in the property. Earlier outreach gives more options.
What about properties across the broader GTA — Mississauga, Brampton, Markham, Vaughan?
Cash offers extend across the broader Greater Toronto Area, including Mississauga, Brampton, Markham, Vaughan, Richmond Hill, Oakville, Burlington, Milton, Ajax, Pickering, Whitby, Oshawa, and the surrounding 905 belt. Each municipality has its own market dynamics — feel free to submit any GTA property and a response comes back within 24 hours.
Will you buy my Toronto condo if the building has special assessments or pending litigation?
Yes, in most cases. Special assessments — common in older downtown, midtown, and North York Centre buildings facing roof, balcony, or building-envelope work — pending lawsuits against the condo corporation, low reserve funds, Section 98 unauthorized-alteration issues, and short-term rental restrictions are exactly the issues that scare retail buyers and their lenders away. Cash offers factor those costs into the price rather than rejecting the deal outright. Status certificates and reserve-fund studies still get reviewed before closing.
Do you buy houses with tenants?
Yes. Tenanted properties get purchased with the existing lease assumed on closing — no eviction notice, no Landlord and Tenant Board (LTB) application required before sale, and no waiting on a backlogged hearing. Whether the tenant stays long-term after closing depends on the post-sale plan, which isn't your problem to solve before you sell.
What if I'm behind on mortgage payments or City of Toronto property taxes?
Arrears get paid out of sale proceeds at closing through the lawyer's trust account. The mortgage gets discharged, City of Toronto tax arrears get cleared, and remaining equity gets wired to you (or to an out-of-country account if you've already left Canada). As long as enough equity exists in the property, missed payments don't kill the deal.
Are you a licensed Realtor in Toronto?
No. Properties get purchased directly from sellers — no listing, no agent representation. The transaction itself closes through a licensed Ontario real estate lawyer, which is the same way every Ontario real estate transaction closes.
What documents do I need to sell my Toronto house?
The basics: government photo ID, the most recent property tax bill from the City of Toronto, current mortgage statement, condo status certificate and reserve-fund study if applicable, and any TSSA buried-oil-tank decommissioning records if applicable. For estate sales, the Ontario Certificate of Appointment of Estate Trustee. The lawyer pulls title, encumbrances, and the tax certificate as part of closing.
Can I sell if my spouse is on title and we're separated?
Both spouses on title need to sign the transfer documents. Under the Ontario Family Law Act, even if only one spouse is on title, the non-titled spouse may have matrimonial-home rights that require their consent before a sale of the matrimonial home. If a separation agreement is being negotiated, the sale can usually be coordinated with your family lawyer so net proceeds are held in trust until the agreement closes.
Got your answer? Submit your property — no obligation.
Get Cash Offer NowAuthoritative Source
What CMHC Says About Toronto
Because of plentiful resale supply, combined with continued weak sales activity, sellers will face pressure to reduce prices for now. Increasing housing demand is expected to result in price growth in both 2027 and 2028, led by lower inventory and stronger demand in the GTA.
Reviews
What Sellers Say After Closing With Us
5.0 average across all closed deals
“Ben helped me sell my mother's home when she was retiring. In a world full of scammers there is still hope — this company is 100% legit.”
“Quick and easy. Helped sell my rental property with rough tenants.”
Related cities and seller situations
Related Cities
Other Ontario Cities We Buy In
Ready to Sell?
Get a fair cash offer on your Toronto home today.
Whether you're an heir settling a Scarborough or North York family estate, a tired landlord stuck waiting on the LTB, a condo owner facing a special assessment in a downtown or midtown building, a homeowner served with a Notice of Sale under Mortgage, a separated couple needing a clean sale under the Ontario Family Law Act, a pre-construction owner closing into a softer market, or sitting on a stalled MLS listing in Etobicoke or Old Toronto — submit your property and a cash offer comes back within 24 hours. Zero pressure, zero obligation.
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