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Updated about 10 years ago on . Most recent reply

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Mark Manthei
  • Toronto, Ontario
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Hi .... I'm a Canadian

Mark Manthei
  • Toronto, Ontario
Posted

Do lease options and subject to and land contracts work the same here in Canada as they do in the USA? I really want to get involved with a program, but I need to know that it works the same here in Canada. Thank you in advance of course.

Mark

Toronto, Ontario, Canada

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Gary McGowan
  • Investor
  • Stouffville, Ontario
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213
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Gary McGowan
  • Investor
  • Stouffville, Ontario
Replied

In Strong Stable markets no... In the GTA for the past 8+ years I can think of only a few times that I did or heard of a Sandwich Lease Option. 

As for Subject to; we use this wording in all contracts however perhaps not with the same intended use that you have in mind. 

Our Market is too strong for the time being and in the GTA our market moves really slow compared to other areas eg Alberta. 

I would focus on other strategies first... 

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