Trenton Couple Chooses Rent-to-Own Over Pricey Private Mortgage

Andre and Rebecca are a married couple with two young daughters (11 and 8).  They currently own a home in Trenton, Ontario, on which they took a private mortgage. Given today’s high private lending rates, the monthly payments will be difficult to sustain the private mortgage, while paying down debt. That is why the couple is opting to sell their home to an investor and rent-to-own it back. This allows them a more manageable monthly payment without having to uproot their kids. They have equity in the property and will use $30,000 of it as their initial down payment to rent-to-own. The couple will need three years to become mortgage-ready.


Combined, the couple’s annual household income is $118,820. Andre works for Rosewood Estates Retirement Home as a full-time Sous Chef and earns $43,000 annually.  He is also collecting ODSB in the amount of $18,000 annually.  Rebecca works at Bayshore Home Care Solutions as a full-time PSW.  She earns $43,000 annually.  In addition to their job income, they receive Child Care Benefits totalling $14,820 each year.


Rebecca’s credit score is 638. Andre’s score is 592. They have to pay down debt over the next three years to open up capacity to qualify for a mortgage.  They have approximately 20k in debt with 9k being an auto loan. They are already working with a mortgage broker and a money coach to get their finances and credit in order.


This detached house is located in Trenton, Ontario. It features 4-bedrooms and 2.5-bathrooms.  The property has been very well looked after and has had some upgrades like a new A/C, new windows, new exterior doors and new walkways at the exterior.  The couple also upgrade the kitchen with a new Island and just recently renovated the main full-bathroom.  The property is located in central Trenton, 20 minutes from the 401 and close to hospitals, restaurants, shopping, schools and other amenities.

*There is a current appraisal on the property for $470,000 done in Oct 2022.

Next Steps

If you are able to qualify for a $368,000 mortgage and want to $595 in cashflow each month while helping Rebecca and Andre keep their home, please click the button below to indicate your interest.

Investment Property Highlights

  • Your investment is $89,000
  • Estimated annual return on investment is 25% (based on a mortgage rate of 5.94 and 30 yr amortization –approximated)
  • Your estimated NET profit $66,037
  • Your NET monthly cash flow is approx. $595+ a month
  • Tenant-buyers have $30,000 for the down payment (will be redirected at closing)
  • Tenant-buyers have a household income of $118,820

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Investment Property Highlights

  • Purchase price is $460,000 (estimated purchase price))
  • Target closing date is 30 days
  • Tenant-buyer agrees to pay $3,220 monthly
  • Tenant-buyer will buy this house in 2025 for $540,987