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Direct: 416-824-7700
  Right at Home Realty Inc., Brokerage
info@kichrealty.com
  1396 Don Mills Road B121, Toronto
Office: 416-391-3232
  Ontario, M3B 0A7
Fax: 416-391-0319
   
 
Should I Rent or Sell My House?
If you can, keeping your house can be a smart way to help fund your retirement. Each month your tenants pay rent. You likely won’t pay tax on that income if you have enough expenses to offset it.
When you finish paying off your mortgage or once you retire, you can sell the house and convert your equity into a lump sum, or continue renting it and collecting income during your retirement.
On the other side:
When someone lives in your home, they can scuff the walls, burn the countertops, and forget to water your prized shrubberies. If you can’t live with that wear and tear, If You freak out about condition and panic over repairs then sell rather than rent your home.
Becoming a landlord usually means you still have to maintain your house. You’ll get the bills when the plumbing springs a leakor the refrigerator dies. If making repairs is beyond you and paying for upkeep is going to cause you to panic, opt to sell your house vs. renting it to save your sanity. You can save many of these headaches by using a property manager, but this, of course, will cost you.
 

I specialize in residential real estate and investment properties. I work closely with homebuyers assisting with lending, inspections and general consulting.

Whether you need to upsize, downsize, make another deal, find or sell home or investment property, I will be able to provide you with that old-fashioned personal and honest service you deserve.

I strongly believe in personal integrity even if it hurts me financially or personally. I will walk away from a real estate transaction that forces me to compromise my principals and faith. My commitment to all of my clients is that I will advise them to do what is best for them, even when it goes against my interests. I hold my clients  needs before mine and that's what keeps them coming back again and again.

 

Konstantin Kichtchenko Sales Representative Right at Home Realty Inc., Brokerage 416-391-3232 1396 Don Mills Road B121, Toronto, Ontario, M3B 0A7