Selling house its not easy in current market..

so if you are getting private sale and u r not loosing big BUCKS , i think you should not wait and sell it before it gets worse.

would u describe what time of house you have and what is the price range u have in mind ?

also, check the comparison with other similar property in your area.

Renting is good to but there is other stuff to consider.

R u gonna get good tenant ?
What if they dont keep house clean ?
What if they call you often with minor problems?
In any case like if he doesn't pay rent , if he break something in house - would u have time to take him to small court ?

U have time to deal with daily complain ? if not then you have to find someone who takes care of property , rent - how much it is gonna cost ?

If u get good client that u know who can RENT would be a good choice other wise sale in even if your break down is even or if u loos little - sale it and move with peace.

There is one more thing i would like to add .

I am not an accountant but i own property, All i can say from my experience is no matter where you live if you have property in Canada and if u generate revenue , u have tax on that.
when u sale revenue property ( in your case if you put on rent will become revenue property) , u also get taxed on profit.

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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)