You are just transferring debt. 

You must give him this letter in writing, or certified mail, or tape the letter on his door.  2.

If you are buying another home, I think there are also ways to transfer your mortgage.We have mortgages that are similar to that in the United States but use different terms to describe them.

Overall, my primary goal is to create the opportunity to get into another home at minimal cost while keeping my parents in the current home, so I'm leaning toward transferring/selling the current property to them.

You will need 20% for a down payment and in BC there is also the property transfer tax to pay. 

Most agencies are slow to process paperwork, have a lot of bureaucratic red tape, and it is difficult to get them to respond to inquiries.

Here’s a method of transferring ow worship that worked for me.

I would first look at a place where you can transfer job wise that makes the most sense.

Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.

If can't transfer the rental into LLC and there are compliance costs associated with maintaining it you might consider shutting it down.