Sold to Closing
Freehold Property
Congratulations on accepting an offer. Over the next few weeks, you'll move through a clear sequence of steps. Most happen behind the scenes — your lawyer, my team, and the buyer's side handle the details. This roadmap shows you what's happening and when. Use the checkboxes to track your progress.
AcceptanceAcceptance Day
Your Agent Handles
Sends deposit instructions to buyer's agent
Confirms deposit received in brokerage trust account
Sends signed Agreement of Purchase and Sale to your lawyer
Updates MLS status to "Sold Conditional"
Calendars all condition deadlines and shares with you
Your To-Do
Confirm receipt of all signed documents
Save your lawyer's contact information
ConditionalConditional Period
Home Inspection — deadline · waiver/fulfillment
Coordinate with your agent for inspection access
Leave the property during inspection (2–3 hours typical)
Wait for buyer's notice — waive or request remedy
Buyer's Financing — deadline · waiver/fulfillment
Provide property documents to buyer's lender if requested
Coordinate appraiser access if needed
What to watch for: If the buyer raises concerns from the inspection, you have the right to remedy, credit, or decline. Your agent will walk you through any response needed.
Firm DayWaiver Day — The Deal Becomes Firm
What Happens
Buyer signs Waiver (OREA Form 123), or Notice of Fulfillment (Form 124) for each condition. Or deletes the condition (Form 120).
Waiver must be delivered before 6 p.m. deadline
Your agent confirms waiver received with you and your lawyer
MLS status updated to "Sold" (firm)
Celebrate this moment. Once all conditions are waived, your home is officially sold. The buyer can no longer walk away without forfeiting their deposit.
Pre-ClosingPreparing for Closing
Legal & Financial
Contact your lawyer to begin closing preparations
Notify your mortgage lender about discharge
Confirm your lawyer has trust account details for receiving funds
Utilities & Services
Notify hydro/electric provider of move-out date
Notify gas company of move-out date
Cancel or transfer water/sewer account
Cancel or transfer internet, cable, phone
Cancel or transfer home insurance
Cancel security/alarm monitoring
Cancel lawn care, pool service, or other contractors
Moving Logistics
Book movers (recommended 4+ weeks in advance)
Begin packing non-essential items
Arrange storage if needed between move dates
Address Updates
Set up mail forwarding with Canada Post
Update address with CRA
Update address with banks and credit cards
Update driver's licence and vehicle registration
Update OHIP / health card
Update employer payroll and HR records
Update subscriptions and online accounts
Buyer Pre-Closing Visits
Accommodate up to 2 pre-closing visits (1 hour each, 24-hour notice)
Visits are for measurements and contractor quotes — not re-inspection
Final WeekLast Preparations
Property Preparation
Remove all personal belongings and chattels not included
Remove all debris from garage, shed, attic, basement
Clean property — broom-swept condition
Patch nail holes, touch up paint if needed (optional)
Take final meter readings (hydro, gas, water)
Keys & Access
Gather all house keys (including spare copies)
Gather garage door remotes and any keypad codes
Gather mail keys, gate keys, shed keys
Gather appliance manuals and warranties
Closing Documents
Sign closing documents at lawyer's office (1–3 days before closing)
Review statement of adjustments with your lawyer
ClosingClosing Day
What Happens
Buyer's lawyer transfers funds to your lawyer's trust account
Your mortgage is paid out from sale proceeds
Title officially transfers to the buyer at Land Registry
Keys delivered to buyer (typically through your lawyer)
You receive net proceeds (same day or next business day)
Congratulations. Your home is officially sold. You'll receive your proceeds via wire transfer or certified cheque from your lawyer, less mortgage payout, legal fees, and any adjustments.
After ClosingWarranty Window
Stay Reachable
Be reachable by phone for any defect notice from buyer
Warranty period is as negotiated in the Agreement of Purchase and Sale (e.g. chattels, mechanical systems, illegal use, hidden defects, insurance claims — each may have its own expiry)
Final Items
Save closing documents for tax purposes (principal residence exemption)
Update voter registration and other government records