In 10 Toronto Resales Fell Below Purchase Price | Sivage Sivagumaran, CPA | https://sivagerealty.ca | How to Find the Best Real Estate Agent in Toronto for Your Needs?

We're seeing a trend in Toronto: some homeowners who purchased at the peak are now facing resale values below what they originally paid. As a broker with a CPA background, I always encourage my clients to start with a clear assessment—ask yourself if selling right now is truly necessary. Sometimes, holding onto your property or considering strategic renovations can be far more beneficial, especially when factoring in potential sale losses and the additional land transfer tax. It’s important to remember that selling below your purchase price doesn’t always spell financial trouble. If you’ve built up equity, you may still walk away from a sale in a solid position. Today’s buyers are laser-focused on current market value, not the price you paid. Setting a realistic price—and approaching negotiations with empathy—can make all the difference. My goal is to help you make the smartest, most financially sound real estate decisions, whether you’re considering a move or weighing your options for the long term.