Alex Goodman

Commercial Services · Seller path

Sell a commercial asset for what it’s worth.

Pick the property type, get a sold-comp valuation, prep & marketing plan, and pricing scenarios — fast, fair, ambitious.

How do I sell my commercial property in the GTA in 2026?

Seven-step process: sold-comp valuation, property prep + staging, professional photography, MLS listing, review offers, conditional period, then closing. Total timeline 30-90 days to firm sale + 30-60 days to close. Commission typically 5% of sale price + HST. The first 14 days on market drive 70% of total showings — pricing right + photos out fast is everything. Alex Goodman (RE/MAX Your Community Realty) provides a 14-day launch plan and sold-comp valuation for every GTA commercial listing.

Step 4 · Services & Step 5 · Why

What sellers actually need.

Five services. Each one paired with the why — so you can push back on anything that doesn't earn its place.

What you actually need

Listing readiness, timeline, and the trade-offs between speed and price.

Why we do that

Most sellers price for the brochure, not the buyer's mortgage approval.

Property prep & staging

Decluttering checklist, staging direction, repairs that actually pay back.

Why we do that

A $4k stage routinely returns $40k. The right repairs do too.

Property valuation (CMA)

Sold-comp pricing — three scenarios (fast, fair, ambitious) with the trade-offs.

Why we do that

Pricing strategy beats list price. Days-on-market is the real cost.

Comparable sold listings

Recent sales in your pocket — proves the price to the buyer's agent.

Why we do that

A buyer's offer is only as strong as the sold comps that justify it.

Listing & marketing plan

Photos, video, MLS, social, broker network — sequenced for the first 14 days.

Why we do that

First two weeks set the price. Everything after is a discount.

Step 6 · How it benefits you

Ten things you'll feel through the process.

  1. Clarity

    Know the number before you list or bid.

  2. Confidence

    Bid or counter without guessing.

  3. Speed

    Fewer days on market, fewer wasted showings.

  4. Net

    More dollars in your pocket after fees.

  5. Calm

    Fewer surprises mid-deal.

  6. Fit

    Homes filtered to your real shortlist.

  7. Proof

    Every claim tied to actual sold data.

  8. Access

    Off-market & pre-list opportunities.

  9. Service

    One point of contact, end-to-end.

  10. Trust

    RE/MAX brokerage power behind every move.

Step-by-step

How to sell a commercial property in the GTA

Seven steps from prep to closing for a GTA commercial disposition. Average timeline: 90-180 days.

  1. 01

    Pre-sale stabilization

    Lease vacant space, renew expiring tenants, document deferred maintenance with a capital plan, clean the rent roll (collect arrears, terminate non-paying tenants if legally feasible), and present an accountant-reviewed financial package. A stabilized asset trades for 25-50% more than a problematic one.

  2. 02

    Engage a commercial brokerage

    Listing commission typically 3-5% of sale price. Brokerage prepares confidential teaser, Information Memorandum (IM), and qualifies prospective buyer list. Engagement letter outlines exclusivity period (typically 6-12 months) and listing strategy.

  3. 03

    Market launch

    Confidential teaser sent to qualified buyer list (REITs, private equity, family offices, owner-operators). NDA required before full IM is shared. Property tours scheduled in 3-5 day windows. Bid date set 30 days after market.

  4. 04

    Review first-round bids

    Most deals receive 3-8 first-round bids. Evaluate on price, deposit, conditions, due diligence period, and buyer's financial capacity. Shortlist 2-3 buyers for second round.

  5. 05

    Best + final round

    Shortlisted buyers submit best-and-final offers. May include in-person presentation. Award the deal to the buyer with the best combination of price + certainty (not always highest price).

  6. 06

    Conditional purchase + due diligence

    PSA executed with 30-90 day due diligence. You provide all requested documents (rent roll, financials, environmental reports, service contracts). Negotiate any issues that surface — credits, repairs, or vendor financing if applicable.

  7. 07

    Closing

    Lawyer handles HST clearance, mortgage discharge, title transfer, tenant notice, and contract assignments. Capital gains tax + recapture on capital cost allowance applies. Net proceeds wired to seller's lawyer trust account.

FAQ

Common commercial-selling questions

Direct answers to the questions buyers and sellers ask most often. Specific to Ontario regulations + 2026 GTA market.

  • How long does it take to sell a commercial property in the GTA?

    Highly variable by asset type: small multi-family (5-19 units) typically 60-120 days from listing to close; office and retail 90-180 days; industrial 60-100 days due to current low vacancy + strong demand. Development land 90-365+ days depending on the planning approval status (raw vs. zoned vs. permitted). Marketing process usually includes confidential teaser + signed NDA before full information memorandum is shared.

  • What does a typical commercial marketing process look like?

    Seven-step sequence: (1) Confidential teaser sent to qualified buyer list. (2) NDA + full Information Memorandum to interested parties. (3) Property tours (often staged in 3-5 day windows). (4) First-round offers due (usually 30 days from market). (5) Best-and-final bid. (6) Conditional purchase agreement with 30-90 day due diligence. (7) Close. Listing brokerage commission typically 3-5% of sale price.

  • How do I maximize my commercial property's sale value?

    Stabilize the asset before sale: bring vacant space to lease, renew expiring tenants, document deferred maintenance with capital plan, clean the rent roll (collect arrears, terminate non-paying tenants if legally feasible), and present an audited or accountant-reviewed financial package. A property listed with 95% occupancy + 3-year average leases trades for 25-50% more than a vacant or under-leased version.

  • Should I sell to a passive investor or owner-operator?

    Depends on asset class. Income-stabilized multi-family + industrial: passive investors (REITs, private equity, family offices) typically pay the highest price for clean cash flow. Owner-occupier opportunities (medical office, small retail, light industrial): owner-operator buyers may pay a premium because they remove the need for vacancy underwriting. Marketing should target both pools simultaneously.

  • What are the closing costs when selling commercial property in Ontario?

    Approximately 4-7% of sale price total. Real estate commission 3-5%, legal fees $5,000-$15,000+ (depending on complexity), HST clearance certificate, environmental Phase I cost-sharing in some cases, discharge of existing mortgages + standby charges. For corporate-held property: also factor in deemed disposition + recapture tax on capital cost allowance. Capital gains 50% inclusion rate (federal + Ontario combined).

Step 7 · Start

Pick a property category — or get a valuation started today.