Rent-to-own homes in Kitchener-Waterloo, Ontario

104 Whitney Place, Kitchener, Ontario

Rent-to-own homes don’t have much of a downside

AVAILABLE NOW

A fully-detached home backing on to a schoolyard, this 1½-story 1920’s house has excellent long-term appreciation potential, as the industrial area across the street is expected to be rezoned residential.

The living and dining rooms are beautifully built with lots of natural wood trim and newly refinished parquet floors.  The upstairs has natural pine floors, with three bedrooms and two bathrooms.  Overall the house is 1,700 square feet, plus a porch and a semi-finished basement.

Kitchener rent-to-own house
Rent to own your own home in Kitchener Ontario

The home has a new high-efficiency furnace, a new gas fireplace, new electrical service, fresh paint throughout, and newly refinished wood floors and staircase.  The main floor bathroom is also new, and there are ceramic floor tiles in the kitchen, bathrooms and front entranceway.

Payments for this rent-to-own home are as follows:

Lease option your own house in Kitchener
Base Rent $1195
Min. Lease Option Payment $150
Total Monthly Payment $1345
Initial downpayment negotiable
Buyout Price after 1 Year $194,250
Buyout Price after 2 Years $203,963
Buyout Price after 3 Years $214,161
Buyout Price after 4 Years $224,869
 

The monthly lease option payment, and your initial downpayment, are credited towards your eventual buyout of the house.  The number of years that you hold your rent-to-own option, and the amount of your payments, are negotiable — they are based on what you can afford and how quickly you would like to own your own home.

Please contact us now to arrange a viewing.

Click here for more information on our rent-to-own agreements.