How to Sell an Inherited Property in Ontario
Inherited a house? Learn how to navigate probate and sell quickly without stress. Complete guide for Ontario homeowners.
Understanding Probate in Ontario
Probate is the legal process of validating a will and distributing the deceased's assets. In Ontario, you need "letters probate" from the court before you can sell an inherited property. This process typically takes 3-6 months but can be longer if there are complications.
The Probate Process
Step 1: File the Will (2-4 weeks)
Submit the will and required documents to the court
Step 2: Court Review (4-8 weeks)
The court reviews the application and may request additional information
Step 3: Obtain Letters Probate (1-2 weeks)
Once approved, you receive letters probate authorizing you to sell
Step 4: Sell the Property (30-90+ days)
List and sell the property through traditional or alternative methods
Two Ways to Sell an Inherited Property
Traditional Sale
- • List with a realtor
- • Potentially higher price
- • 60-90+ day timeline
- • 5-6% commission
- • Requires repairs/staging
Best if: You have time and want maximum price
Cash Buyer
- • Sell as-is, no repairs
- • 7-14 day closing
- • No commissions
- • Guaranteed sale
- • Buyer covers all costs
Best if: You need quick cash and want simplicity
Sell Your Inherited Property Fast
SilversEdge specializes in buying inherited properties. We handle the probate process and close in 7-14 days with no hassle.