Pembroke Rent-to-Own Opportunity

About Pembroke, ON:

In 2021, Pembroke had a population of 14,364, a change of 3.5% from its 2016 population of 13,882.  The area, including Petawawa, has been undergoing both residential and commercial development which is one of the reasons people have been attracted to the area.  Canadian Forces Base Petawawa is located nearby. 

About the tenant-buyers:

Stephe and Christie, a resilient couple with two young children (8 and 10), are on a mission to secure a stable home where they can thrive. Their journey hasn’t been easy, especially with Stephe’s health setback a few years ago. But now, with Stephe receiving permanent disability support, they’re ready to turn the page and create a brighter future for their family. Driven by the desire to provide their children with safety and security, they chose Pembroke, Ontario, for its affordability and promising future. Working remotely, Christie ensures financial stability while Stephe focuses on family and their shared dream of homeownership. Despite the challenges, they’ve diligently saved $15,000, marking the beginning of their 4-year Rent-to-Own journey.

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Income

Stephe and Christie bring home a reliable $120,544 annually. Christie’s role as a dedicated Production Associate at Flex N Gate earns her $42,640 and she has been employed with them since 2021.

Stephe’s receives lifetime disability support of $71,712. With an additional $6,192 in child benefits, their financial footing is rock solid.

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Credit

Their commitment to financial responsibility is evident as Christie boasts an impressive credit score of 748, and Stephe has a respectable score of 693. During the Rent-to-Own term they will focus on paying down a car loan and building up their down payment. Guided by a trusted mortgage agent provided by Clover Properties, this couple is on their way to mortgage-readiness in 2028.

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Property

Their hearts are set on a charming home in Pembroke, Ontario, priced at $354,900. This well-appointed starter home features an inviting open concept, three cozy bedrooms, two baths, and all the modern amenities one could desire—including sleek quartz counters and a tranquil composite decking in the backyard. With a finished basement and a spacious yard, this haven nestled in Pembroke promises warmth, history, and endless possibilities for a growing family. Also, Pembroke is home to top-rated elementary and secondary schools, providing extra appeal for this area.

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Next Steps

Qualify for a $283,920 mortgage and enjoy an estimated $751 in monthly cash flow. This Rent-to-Own opportunity isn’t just about investing in real estate—it’s about investing in Stephe, Christie, and their children’s future. Click the green button now to request this deal.

Have a Cash Downpayment? Here are the deal highlights:

Term: 4 years

Purchase Price:  $354,900

Estimated Investment Required: $76,530

Estimate ROI: 30% (based on fixed 5.99% and a 4-year deal)

Estimate Returns: $91,403

TB Down Payment: $15,000


Rent-to-Own Monthly Payment: $3,113

Monthly Cash Flow: $751

Future Purchase Price: $448,827 (after four-years)

Using Line of Credit for Downpayment? Here are the deal highlights:

Term: 4 years

Purchase Price:  $354,900

Estimated Investment Required: $76,530

Estimate ROI: 23% (based on fixed 5.99%, 4-year deal and HELOC of 7.20%)

Estimate Returns: $69,323

TB Down Payment: $15,000


Rent-to-Own Monthly Payment: $3,113

Monthly Cash Flow: $291

Future Purchase Price: $448,827 (after four-years)