Situation
Selling a Rental Property
Landlords step back for all sorts of reasons: a property that has stopped making sense, tenants who take more managing than expected, or simply the point where the work outweighs the return.
What we consider
Single rental houses, duplexes and small multi-unit buildings, tenanted or empty, including properties with years of deferred maintenance behind them.
Tenants stay protected
Existing tenancies carry over to a new owner under provincial law. We do not ask a seller to end a tenancy so a sale can proceed.
Tax is worth checking first
A rental property is usually not a principal residence, so there can be capital gains and recapture consequences on a sale. Speak to your accountant before you commit to anything.
Want to know what Renvo could offer?
Start with the property address and a phone number — the rest is optional.
How it works
Know what comes next.
Three straightforward stages, with no pressure at any point along the way.
- 01
Tell us about the property
Share the address, how to reach you, and a short set of details about the home — including anything that needs work.
- 02
Talk through the details
We review what you sent and may follow up with questions. Not every property is one we can make an offer on — if it is a fit, we explain the terms clearly.
- 03
Choose your next step
Take the time you need. If you decide to move ahead, the closing date and remaining details are agreed together as part of the sale.
Questions people ask
- Do you buy small multi-unit buildings?
- Yes, duplexes, triplexes and small multi-unit properties are within what we consider.
- Can I sell with tenants in place?
- Yes. The tenancy continues with the property under provincial law.
- Will I owe tax on the sale?
- Possibly. A rental is generally not a principal residence, so ask your accountant — we do not give tax advice.
Get started
Tell us about your property.
Enter the property address and a phone number — that's all it takes to get started.
Prefer email? contact@renvoproperties.ca
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