How to sell or value your self storage facility in Ontario

The value of a self storage facility is determined by various factors including location, size, occupancy rate, and overall condition. If you are looking to sell your self storage facility or simply want to understand its value, INVSTY's self storage specialists and commercial real estate agents can help you assess the value of your property and provide guidance on how to maximize its value. With their expertise and resources, you can get the most value out of your self storage investment.

If you are looking to sell your self storage facility, INVSTY's self storage specialists and commercial real estate agents can help you find the right buyers for your property. They can assist with advertising the property for sale, finding buyers through their network of industry connections, or listing the property on a self storage industry-specific website. With their expertise and resources, you can confidently navigate the process of finding buyers for your self storage facility.

When selling a self storage facility, there are several documents that you will need to prepare in order to provide potential buyers with information about the property. These documents may include:

• Identification documents, such as driver's licenses or passports, to verify your identity as the owner of the property.
• If your self storage facility is owned by a corporation, you will need to provide corporate documents such as articles of incorporation and share certificates.
• Documents that show ownership of the property, such as the deed or title.
• Municipal tax records and zoning information, which provide information about the property's tax liability and any restrictions or limitations on the property's use.
• If the property has been approved for expansion, site plan approval documents will be necessary.
• Financial records, including expenses, income, and employee information, to provide a complete picture of the facility's financial performance.

It's a good idea to work with a real estate agent or lawyer to ensure that you have all necessary documents and that they are organized and presented in a professional manner to potential buyers.