Sell a Rental Property With Problem Tenants in Ontario
You don't need to evict, renovate, or wait for the LTB. We buy tenant-occupied properties as-is.
Being a landlord in Ontario is harder than ever.
Between rising costs, tenant protection laws, and the Landlord and Tenant Board backlog, many Ontario landlords have reached their breaking point. Non-payment, property damage, unauthorized occupants, and the months-long wait for an LTB hearing make being a landlord feel like a full-time job with no pay.
If you've thought about selling but stopped because of the tenant situation, you're not alone. Most traditional buyers won't even look at a property with problem tenants. Lenders won't finance it. And realtors often recommend "dealing with the tenants first." But dealing with them can take months, cost thousands in legal fees, and still not guarantee a resolution.
That's where we come in. We buy rental properties with tenants in place, including those with non-paying tenants, property damage, active LTB applications, or other complications. You don't need to resolve anything before selling to us.
Why selling now saves you more than waiting
Every month you hold a problem rental property, you're losing money: missed rent, repair costs, insurance, property taxes, and legal fees. The LTB backlog means hearings can take 6 to 12 months or longer. During that time, the tenant stays, the costs accumulate, and the property may deteriorate further.
A cash sale stops the bleeding immediately. You transfer the property, the tenant obligation, and the LTB process to us. We've dealt with every tenant scenario you can imagine, and we have the resources and experience to handle it properly and legally.
The moment the sale closes, you're no longer a landlord. No more 3 AM calls. No more chasing rent. No more LTB paperwork. Just a clean break and cash in hand.
How to get started
Call 1 (888) 986-9883 or fill out the form below. Michael will review the property details, the tenant situation, and schedule a visit (coordinated around tenant access if needed).
You'll receive a fair cash offer that accounts for the property's value and the tenant situation. If you accept, we can close in as little as 7 days. We work with your lawyer to handle the transfer and ensure everything complies with Ontario law.
No eviction required. No repairs needed. No LTB resolution necessary.
The moment the sale closes, all landlord obligations transfer to us. No more tenant headaches. No more LTB hearings.
Frequently Asked Questions
Can I sell with tenants still living there?
Yes. In Ontario, you can sell a rental property with tenants in place. The tenants' lease transfers to the new owner, and the tenants have the same rights they had before the sale. We are experienced buyers who understand tenant-occupied properties and are comfortable purchasing with active leases.
Do tenants have to agree to the sale?
No. Tenants do not need to consent to the sale of the property. However, they do have rights under the Ontario Residential Tenancies Act. If the new owner (or their family) intends to occupy the unit, proper N12 notice and compensation must be provided. We handle all of this and comply fully with Ontario law.
What if tenants won't leave?
This is one of the most common concerns we hear from landlords. Ontario's Landlord and Tenant Board (LTB) process can be slow and frustrating. The good news is that you don't need to resolve the tenant situation before selling to us. We buy properties with difficult tenants, active LTB applications, and even tenants in arrears. We handle the situation after closing.
Can you buy a property with unpaid rent?
Yes. Rent arrears do not prevent us from purchasing the property. We factor the tenant situation into our offer, but we do not require you to collect outstanding rent or resolve disputes before closing. We take on the property and the tenant situation as-is.
Do you handle the tenant situation?
Yes. After closing, we manage the tenant relationship, whether that means continuing the tenancy, negotiating a mutual agreement, or following the proper legal process through the LTB. You are free from all landlord obligations the moment the sale closes.
Ready to Walk Away From the Headaches?
Fill out the form below. Michael will personally review your situation and reach out.
Done Being a Landlord?
Sell your rental property as-is with tenants in place. Fair cash offer, fast close, zero landlord duties.