Selling Your First Investment Property: Advice from your Local Expert

  Tuesday, Apr 22, 2025

Thinking about selling your first investment property in Sarnia or the Sarnia Lambton area? Whether you've been renting it out for a few years or bought it as a flip, selling an investment home is a big decision.

At Blue Coast Realty, we know the local real estate market and are here to make sure you get the most value—with the least stress.


 

Why Sell an Investment Property?

There are a few reasons people in Ontario decide to sell their investment property:

  • You’re ready to cash in on market gains

  • The property needs more repairs than you want to handle

  • You want to reinvest in a different property or market

  • You’re ready to focus on other goals, like buying a home for yourself

Whatever your reason, it’s important to go in with a plan—and a local expert by your side.

 

Step #1: Know the Sarnia Lambton Market

Before you list your property, take time to understand current market conditions. Is it a buyer’s market or a seller’s market? Are prices rising, or staying steady?

The Sarnia real estate market can shift quickly. Keeping an eye on Canada housing trends and speaking with a local REALTOR® helps you time your sale right.

 

Step #2: Review Your Finances and Tax Situation

Selling an investment property comes with financial details to think about:

  • Capital Gains Tax: In Canada, if the property value has gone up, you may owe tax on part of the profit.

  • Mortgage Penalties: If you sell before your mortgage term ends, there may be a fee.

  • Selling Costs: This includes real estate commissions, legal fees, and staging or repair costs.

A local real estate agent can connect you with tax advisors or mortgage experts in the Sarnia Lambton area to help you prepare.

 

Step #3: Make the Property Shine

Even if it's a rental or flip, the condition of the home still matters to homebuyers. A few small updates can make a big difference:

  • Paint and patch walls

  • Fix any leaks or broken fixtures

  • Clean thoroughly, inside and out

  • Stage rooms to help buyers picture themselves living there

Properties in better shape sell faster and often at a higher price.

 

Step #4: Price It Right from the Start

This is one of the most important steps in selling a home. Overpricing can scare buyers away. Underpricing may leave money on the table.

At Blue Coast Realty, we provide a Comparative Market Analysis (CMA). This shows you what similar properties in Sarnia and Sarnia Lambton have sold for recently, helping you set a smart price.

 

Step #5: Market Like a Pro

You want your listing to stand out. That means:

  • High-quality photos and videos

  • A clear, detailed listing description

  • Sharing on MLS, social media, and real estate websites

  • Targeting both local buyers and investors from across Ontario and Canada

We know how to make your property shine online and offline, using strategies tailored to the Sarnia real estate market.

 

Step #6: Work With a Local Expert

This is your first time selling an investment property—it’s okay to ask for help. A local realtor knows:

  • The value of homes in your neighbourhood

  • What buyers are looking for in Ontario homes

  • How to negotiate with investors and homebuyers

  • How to guide you through paperwork and deadlines

 

At Blue Coast Realty, we don’t just list homes—we walk you through the whole process, start to finish.

Thinking About Selling?

Selling your first investment property is a big move, but you don’t have to do it alone. The right team makes all the difference.

For expert guidance, pricing advice, and personalized support, get in touch with the team at Blue Coast Realty—your go-to real estate professionals in Sarnia Lambton.

Let us help you make your next real estate move your best one yet.