Leo Shiu

Leo Shiu's Realty BLOG

Selling Tenant Property in Toronto: 7 Hidden Pitfalls Most Owners Overlook

Selling a tenant-occupied property in Toronto can feel like walking through a legal minefield—one wrong move, and the entire transaction could unravel. If you think that handing over an N12 notice 60...

Why MPAC Square Footage Could Be Undervaluing Your Split-Level Home

When selling a back-split or side-split home, many sellers—and even some real estate agents—rely on the MPAC (Municipal Property Assessment Corporation) square footage to market the property. But...

Why Revisits After a Home Sale Can Be Risky — and How to Prevent Issues

When a property is sold, many sellers assume their job is done. But the reality is, a lot can still go wrong between the sale and the closing date. One common gray area? The buyer’s post-sale...

How Do You Negotiate When the Buyer Asks for a Longer Closing?

In real estate negotiations, you rarely get everything you want. One common scenario sellers face is receiving an offer with a great price—but with a delayed closing date. So, what should you do? Step...

How to Properly Transfer Rental Items When Selling Your Home

Why Rental Items Can Complicate Real Estate Transactions When you’re preparing to sell your property, it’s easy to assume that everything inside the home belongs to the seller. However, that’s...

Why Some Renovations Can Destroy Your Condo Sale

Why Condo Renovations Can Cause Problems When Selling If you’re planning to renovate your condo property, you need to be cautious. In many cases, you must get consent from the condo board before...

How to Sell Your High-Fee Condos Fast

Why High-Fee Condos Are Difficult to Sell Condos with high monthly maintenance fees often scare off potential buyers, especially when the square footage is large. Many assume these fees are excessive...

SOLD in 8 Days Near Power Lines? Here’s How We Did It

Why Homes Near Hydro Fields Are Harder to Sell Properties backing onto hydro fields or power lines often raise red flags for buyers. Concerns range from aesthetic appeal to health-related fears and...

The $50,000 Mistake Sellers Make When Listing a Brand New Property

Selling a Brand New Property? Don’t Skip This Crucial Step When listing a newly built property for sale, there’s one small yet critical detail that could cost you up to $50,000 in penalties if...