When the market won't clear your price · Ontario, Canada
Keep carrying the property and the stress, or sell now at a number that feels too low. Most owners hate both choices. That is the gap we work in.
The Market Gap
Some owners believe their property is worth more than the market will pay today. When that happens, the usual advice is always the same: list it, wait, cut the price, or keep carrying it.
That is not much of a choice. Sell too low, or stay stuck. Mitre is built for that awkward middle ground.
"Sell now, stop the headaches, and still keep a path to more later."
How It Works
Mitre buys at the price the market supports today, backed by appraisal work and real sales evidence. No stories. No wishful thinking.
The APS can pay extra later if the property is sold again during the agreed window and enough money is left after the required deductions. That right stays inside the sale agreement.
You get paid at closing. Mitre takes the property, the debt service, and the day-to-day headaches. If a later sale goes well enough, you can still share in it.
For Sellers
Four things sellers rarely get in one deal.
Who We Work With
We step in when the normal path keeps stalling out, for sellers and for the advisors trying to help them.
Structural Rigour
Precedent
The exact wrapper here is not the plain-vanilla deal most people see every day. But the basic idea is old: part of the price gets paid now, and part can be paid later if agreed things happen.
Business deals often use earn-outs or other contingent payments for that. Property deals sometimes use overage or uplift clauses for a similar reason. This APS is Mitre's own version for an Ontario income-property file, so the signed paperwork still has to spell out the trigger, the math, and who gets paid first.
The Solution
Most options help with cash, or with upside, or with relief. Very few even try to do all three without putting the seller into new debt. Mitre is built for that gap.
The Principals
One side knows pricing, structure, and risk. The other knows what these properties are really like to own and operate. You need both.
Andrew built his career in risk, pricing, and capital exposure at CMHC, Manulife, and Allianz Partners. That background is why the Mitre structure is priced carefully instead of casually. If the deal is going to work, the numbers have to work first.
Greg has spent years owning and running Ontario residential property while also operating EES. He knows what these buildings cost, what tenants are really like, and where paper value drifts away from real life. That operating view matters just as much as the spreadsheet.
Get in Touch
Schedule a 15-minute call with both principals. Bring a file. We'll tell you whether it fits.