Belleville Rent-to-Own Opportunity

About Belleville:

Belleville’s real estate market is displaying strong signs of growth and attractiveness to homebuyers.

Significant Price Increase: In just the last month, the average home price in Belleville saw an impressive jump of 11% compared to the average selling price of the last 12 months. 

Surge in Listings: The number of homes listed in the recent 30-day period has risen by 33% compared to the previous month and a staggering 217% increase from the same period in 2023. This level of activity suggesting a buyer’s market with less competition.

Growing Population: The area’s population is poised for growth. Belleville exceeded its 2023 new housing starts target by 122%. This performance pushes the city closer to help meet the province’s ambitious 10-year goal to build new housing and helping make Belleville a place more people want to live in and drive demand for homes.

Continued Development: Belleville has the potential to get up to $2.3 million in funding for new homes. Such initiatives are likely to bolster confidence among investors and homebuyers alike, sustaining demand.

About the tenant-buyers:

Meet Michael and Shana, a resourceful couple on a mission toward homeownership. While the traditional mortgage route proved a challenge due to the initial down payment, they’ve already taken a significant step by saving $25,000 and are looking to a 4-year RTO term to help them build up the rest. They found an affordable Belleville property and are ready to turn their dream of owning into reality by 2028.


Michael and Shana bring in a combined annual income of $121,562. Shana has been employed with Transworld Canada Limited since 2021. In her role of Collections Supervisor, she earns $59,283. Michael, employed since 2017 as the Collections Manager at Transworld Canada Limited, earns $62,279. His long tenure at the company speaks volumes about Michael’s employment stability.


In terms of credit, the couple is in great standing with no history of bankruptcies or collections, and they have always made payments on time. Michael’s credit score stands at 672, while Shana’s is at 650. Both are actively working on improving these scores. While they already demonstrate financial responsibility, they simply need time to save a larger down payment to satisfy mortgage requirements.


The home they’re interested in is a beautiful 3-bedroom, 2-bathroom in Belleville, Ontario, featuring hardwood floors and an open concept living space. It’s in a prime location with easy access to local attractions and the highway. The finished basement with a separate entrance offers additional potential for rental income or an in-law suite.

Next Steps

With Michael and Shana’s solid income track record and good payment history, this rent-to-own deal is a secure investment opportunity. Offering a mortgage of $380,000 in this case not only helps a deserving couple achieve their dream but also ensures a steady monthly cash flow of approximately $802 for you. To be part of this win-win scenario, click the green button and engage in this promising venture.



Deal Summary:

Term: 4 years

Purchase Price:  $475,000

Estimated Investment Required: $92,700

Estimate ROI: 29% (based on 5.99% and a 4-year deal)

Estimate Returns: $106,135

TB Down Payment: $25,000

Numbers Summary:

Monthly Payment: $3,752

Condo Fee: $0 (tenants will pay this)

Monthly Cash Flow: $802

Future Purchase Price: $581,777 (after four-years)