Skip to content
647-619-2256 info@loftconnect.ca
Hard lofts & soft lofts for sale in Toronto, the GTA & Ontario
SwipeGet listings Swipe
Free guide

The loft seller's guide

Seven steps to selling your loft for top dollar, written for Ontario loft owners.

1. Start with your own building

Buyers and their agents will compare your loft with the last few sales in your building, then with the buildings they see as its rivals. Know those numbers before you pick a price: the sold price, the size, the floor and exposure, and whether the suite came with parking and a locker. Our free loft evaluation pulls them together for you.

2. Order the status certificate early

Almost every offer on a loft will be conditional on the buyer's lawyer reviewing the status certificate. Ordering it before you list means you can hand it over the same day, and it gives you time to deal with anything unexpected in it, such as an upcoming fee increase or a special assessment.

3. Stage the space, not just the furniture

A loft sells on volume and light. Clear the sightlines to the windows, define each zone of an open plan so buyers can see where the bed, the desk and the dining table go, and let the brick, timber or concrete do the talking. Then book a photographer who knows how to shoot tall rooms.

4. Price it to the market

Ceiling height, exposure, original features, a real bedroom door, outdoor space, parking and the monthly fee all move the number. A loft priced in line with recent sales in the building gets showings in the first week, which is when the strongest offers arrive.

5. Plan the showings

If you live in the loft, keep it show-ready and be flexible on times. If it is tenanted, the tenant must be given at least 24 hours' written notice before each showing, so plan your schedule around that and keep them on side.

6. Compare offers on more than price

Look at the deposit, the closing date and the conditions. A slightly lower offer with a short status certificate condition and firm financing can be the better one.

7. Close

Your lawyer handles the transfer, pays out your mortgage and settles adjustments for property taxes and maintenance fees. You hand over the keys, the fobs and the garage remote on closing day.

Ready to find your loft?

Talk to a loft specialist today. Honest answers, no pressure.

© LoftConnect · Will Balo, Sales Representative · RE/MAX Experts · info@loftconnect.ca
Terms of Use Sitemap Photo Credits
Call Get listings