ABOUT OTTAWA:

In summary, Orléans combines affordability, accessibility, quality education, community amenities, natural beauty, and a stable real estate market, making it a compelling choice for potential homebuyers in the Ottawa region.

Proximity to Key Markets: Situated approximately 16 kilometers from downtown Ottawa, Orléans provides residents with a suburban lifestyle while maintaining convenient access to the city’s core.This balance appeals to those who work in the city but prefer a quieter living environment.

Community and Amenities:  Orléans is known for its vibrant community spirit and offers numerous amenities, including shopping centers, recreational facilities, and cultural events. The abundance of parks and green spaces contributes to an active and family-friendly atmosphere.

Orleans will likely continue to attract families and professionals seeking quality housing with lower cost of living, as affordability pressures push buyers out of larger cities.

About the tenant-buyers

Meet Lee and Merlie, a stable family seeking to reclaim their homeownership journey. They own a desirable townhouse in Orleans, a thriving Ottawa suburb with strong property values. Due to misleading mortgage advice, they need a temporary financial reset. Their commitment is evidenced by their substantial $40,000 down payment.

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Income

Lee and Merlie have a combined annual income of $147,880, coming from stable sources of employment.

• Lee: $112,000 as a Lead-Hand for Agropur in Orleans (employed since 2005 – 19 years).
• Merlie: $35,880 at Burns Gray Ortho Medical as an Admin (since 2024).

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Credit

Lee and Merlie fell victim to predatory lending practices but demonstrate fundamental financial responsibility.

• Current credit scores: Lee (453), Merlie (596)
• Combined debt: only $15,995 – remarkably low compared to their income.

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Property

They own a 3-bedroom, 3-bath semi-detached residence in Orleans, ON (Ottawa).

• Purchase Price: $595,000, offering excellent value
• Premium features: hardwood floors, large deck, finished lower level, attached garage.
• Prime location: near schools, parks, shopping, and Highway 417.

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Next Steps

If you can qualify for a $476k mortgage, this turnkey Rent-to-Own deal offers $813 predictable monthly cashflow, financially secure tenant-buyers, and a property in a desirable, growing market. Click “I want this deal” to secure this opportunity (first come, first served).

Deal Summary:

Term: 4 years

Purchase Price:  $595,000

Estimated Investment Required: $104,475

Estimate ROI: 30% (based on 5.30% and a 4-year deal)

Estimate Returns: $127,189

TB Down Payment: $40,000

Numbers Summary:

Monthly Payment: $4,114

Condo Fee: $0 (no condo fee as it is a freehold town house)

Monthly Cash Flow: $813

Future Purchase Price: $706,783 (after four-years)