Rent to Own

It can be difficult to gain access to a mortgage if you are a newcomer to Canada, self-employed, have a bruised credit rating or history of bankruptcy / consumer proposal. If you are being turned away by the banks the Rent to Own option of buying a property could be right for you.

Rent to Own is a simple solution that will allow you to buy a home from MLS listings just the same as any other home buyer. After you get your financing approved you can move forward with looking at properties and finally owning your own home.

With Rent to Own you can qualify to buy a home that is valued at 4.5 times your household income. For example, if your total household income is 75 thousand dollars per year – you can buy a property valued at 337,500 dollars.

You still need a 5% down payment with Rent to Own if you have a bruised credit rating. If you have a good credit rating you could qualify with a 3% down payment. For example, on a 300 thousand dollar property you will need a 15 thousand dollar down payment if you have a bruised credit rating.

If you are interested in Rent to Own please feel free to fill out the form on this page.

Robert Holbrook Toronto Real Estate AgentMessage from Robert Holbrook

I want to thank you for visiting my site and hope you find the information provided useful. Please feel free to contact me if you have any questions at 416-569-0846, or email me.

I am a Toronto born Real Estate Agent and I know the city well. I have experience working with investors, first and second-time buyers, and sellers. I enjoy working with international clients and have assisted clients from many different countries including the USA, Iran and Norway to complete real estate transactions in Toronto.

Downsizing Program PDF brochure

Download a free PDF brochure about my Seniors’ Downsizing Program

My goal is to provide a very high level of service to my clients. I enjoy doing research to ensure my clients get the best possible deal. I normally only work with one to two clients at a time and move on when their deals are completed. If you would like references I can ask my former clients to email you.

I am adept at offering services to assist with downsizing for the elderly and relocation services for international clients. Please feel free to contact me for more information on the services I can offer.

Once again, thank you for reviewing my site and I look forward to hearing from you.

Robert Holbrook