10/21/2026
If you've been weighing whether to keep the house and rent it out, it's worth hearing the other side: plenty of the time, selling is the clearer call.
You need equity. If the down payment on the next home depends on this one's proceeds, that usually settles it. Stretching to carry two mortgages, plus land transfer tax on the new one in most provinces, is where this decision goes wrong most often.
The numbers don't work. Rent that doesn't cover the carrying costs, especially after a renewal, with no strong case for prices recovering, is a monthly subsidy to a house you no longer live in.
The house needs work. Deferred maintenance, an aging roof, old systems. Tenants don't defer those costs — they surface them.
Your home sells well right now. Sales have been picking up and inventory is back near its long-term average — a softer headline market doesn't mean your specific house is sitting.
You don't want the job. Being a landlord is ongoing work, not a one-time decision. Plenty of owners run the numbers, see a decent hold on paper, and sell anyway because they'd rather have a clean break and a simpler life.
Keeping the house isn't a free option. It just doesn't come with a monthly bill that makes the cost obvious.
Read the full article: https://colincampbell.myagent.site/sell-it-or-rent-it-out-how-to-decide-what-to-do-with-your-home-when-you-move/
