Frequently Asked Questions

Which homes qualify for Sale Assurance?

Currently, Properly's Sale Assurance is available in the Greater Toronto Area and the Hamilton Area. 

Properly offers Sale Assurance when we are able to confidently estimate a home’s selling price. The following table details the home features that qualify in the Greater Toronto Area and Hamilton Area:

 

Detached, semi-detached, and townhomes

Condo apartments

Property value

  • GTA:
    • City of Toronto: $500,000 to $2,000,000
    • Mississauga, Brampton Richmond Hill, Vaughan, Markham, and Oakville: $500,000 to $1,750,000
    • Remaining GTA regions: $500,000 to $1,500,000
  • Hamilton Area:
    • Hamilton: $400,000 to $1,600,000
    • Niagara North: $300,000 to $1,100,000
    • Haldimand: $400,000 to $900,000
  • All of GTA: $300,000 and $1,000,000
  • Hamilton Area:
    • Hamilton: $300,000 to $600,000
    • Niagara North: $300,000 to $500,000

Age

No age restriction

Built after 2000

Home features

  • Greater Toronto Area:
    • 1+ full bathrooms and 1+ half bathrooms
  • Hamilton Area:
    • 1+ full bathrooms
  • All:
    • 2+ bedrooms above ground
    • 1-acre lot size or smaller
  • Not a studio (0 bedrooms)
  • Not a condo-hotel
  • Maint. fees <$1.10 / sq ft
  • Not leased at the time of closing

 

Other restrictions

  • Not in Dufferin County or Simcoe County
  • Not in age-restricted communities
  • Not in a flood zone
  • Not used for grow-op
  • Free of foundation issues
  • Free of Masonite woodruff roofs
  • Not leased at the time of closing

 

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