When the market won't clear your price  ·  Ontario, Canada

There are sellers stuck between
two exits they both hate.

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

There is a real gap in the market and most sellers feel it fast.

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

Sell now. Keep a path to more later. Move on today.

01

Agree on today's real price

Mitre buys at the price the market supports today, backed by appraisal work and real sales evidence. No stories. No wishful thinking.

02

Keep a path to more later

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.

03

Take the cash and be done

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

What the seller actually gets.

Four things sellers rarely get in one deal.

Cash at close
A real sale and real money at closing, based on the file in front of us, not a fantasy number.
Possible money later
If there is a later resale inside the agreed window and enough money is left after the APS deductions, you can still share in that upside.
One defined resale window
After the lockout, you get one defined chance to force a sale process instead of waiting forever for Mitre to decide.
Move on without fully giving up later upside
Mitre takes title, management, repairs, and tenant issues. You stop carrying the place, but you do not have to give up every shot at more later.

Who We Work With

The files we are built for.

We step in when the normal path keeps stalling out, for sellers and for the advisors trying to help them.

Sellers
Estate & probate
When the family needs the file closed but nobody agrees on price, Mitre can get the sale done now and leave some room for later upside.
Sellers
Matrimonial property
Both sides need money out, but nobody wants to feel like they gave the property away. This structure can help bridge that gap.
Sellers
Tired landlords
Done with tenants, repairs, and calls at all hours. Not done believing the place may be worth more later.
Sellers
Business owners
When the business needs cash now but the owner hates selling too low, Mitre can unlock the property without making it feel like a total surrender.
Referral Sources
Real estate lawyers
A clear paper trail, time for proper review, and a structure your client can take to their own lawyer before signing.
Referral Sources
Accountants
A deal your client can slow down, review properly, and bring to you for tax analysis before anybody signs.
Referral Sources
Mortgage brokers
The call when more borrowing is not the answer and the owner needs a real exit, not another loan.
Referral Sources
Insolvency trustees
A documented close that can help get a hard file unstuck without forcing the owner to swallow the whole value gap today.

Structural Rigour

Real paperwork. Real guardrails. Nothing hand-wavy.

Agreement of Purchase and Sale
A real purchase and sale agreement backed by appraisal work and market evidence.
Back-End Payment Rules
The later-payment piece lives right inside the APS and spells out who gets paid, and in what order, if there is a future sale.
Independent Advice & Lender Priority
Both sides should get their own legal and tax advice. The seller's back-end rights stay contractual only and sit behind senior financing.
Tax Work
The structure is being prepared with CRA ruling standards in mind so sellers and advisors can review it properly.

Precedent

Not a brand-new idea.

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 paths solve one piece.
This one tries to solve the whole problem.

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.

Cash Now
Upside
Relief
No New Loan
Vendor Take-Back
Refinance
HELOC
Straight Sale
Deferred Sale Price

The Principals

Two backgrounds. One job. Make the file make sense.

One side knows pricing, structure, and risk. The other knows what these properties are really like to own and operate. You need both.

Andrew Botros
CFA · FRM  |  Waterloo, Ontario

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 Bathe
Principal, EES · CME  |  Toronto, Ontario

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

Ready to discuss
a specific situation?

Schedule a 15-minute call with both principals. Bring a file. We'll tell you whether it fits.

Andrew Botros
CFA · FRM · Co-Director
Waterloo, Ontario
Greg Bathe
Principal, EES · CME · Co-Director
Toronto, Ontario
Mitre Holdings Inc.
Ontario Corp #1001501131
mitreholdings.ca