Rent-to-Own Homes & Condos in Orillia with No Credit Check

Orillia Real Estate Market Overview

Orillia was recently ranked as one of the top five most moved to cities in Canada. Located in Simcoe County between Lake Couchiching and Lake Simcoe, Orillia offers excellent family-friendly amenities and plenty of opportunities to enjoy the outdoors with its adventure sports and beaches. Downtown Orillia features heritage sites with 20^th-century architecture, nightclubs, pubs, bars, boutiques, supermarts, and many popular restaurants offering global cuisine including the Italian Mediterranean, and Thai. Lively festivals and events are organized throughout the year. The average house price is just $660,000. The housing market is currently not as competitive as the neighbouring cities such as Barrie. You can easily find 3-bedroom condos listed for $350,000 or less. Nearly 150 homes are available on the market for sale here most weeks.

Orillia is a comparatively affordable housing market, but you may still find it challenging to buy a home here if you are unable to qualify for a mortgage. Banks turn down home loan applications for a variety of reasons including foreign citizenship, self-employment, inconsistent income, and other credit challenges. In this situation, our unique rent-to-own program in Orillia can help you achieve your goal of home ownership. It enables you to buy a home of your choice in the open market just like a pre-approved buyer.

Why buy a rent-to-own home in Orillia, Ontario

The following real estate market overview will help you decide if Orillia is the right destination for you to buy a home:

• The city is surrounded by two magnificent lakes – Lake Couchiching and Lake Simcoe. These lakes provide the local residents and visitors plenty of opportunities to enjoy outdoors and recreational activities in all seasons. Skiing, surfing, boating, canoeing, skating, and rowing are some of the most popular activities that you can enjoy in Orillia.
• The city is located less than 90 minutes from the Greater Toronto Area.
• Orillia’s new university – Lakehead University – offers all the modern programs to the students.
• The year-round events and festivals include Orillia Jazz Fest, The Orillia Spring Blues Festival, The Mariposa Folk Festival, Kiwanis Music Festival, Orillia Beatles Celebration, Orillia Dragon Boat Festival on Lake Simcoe, Canada Day Celebrations, Maple Syrup Festival in the Local Farmer’s Market, and Rotary Club Fun Fest for All Ages.
• The housing market is not as competitive as the neighbouring cities. It can be advantageous for buyers who don’t qualify for a mortgage. A large inventory of homes with affordable prices will help you find a residential property on a budget and in your desired location in Orillia.

How to buy a rent-to-own in Orillia

Planning to buy a rent-to-own home because you’ve been denied a home loan by banks? Well, you wouldn’t want to make a compromise while taking one of the biggest financial decisions of your life, just because you don’t qualify. We – here at Clover Properties – enable credit-challenged buyers to shop for a home in the open market in Orillia just like a pre-approved buyer. It means our program will help you get into any home of your choice that is listed for sale on the market in a rent-to-own arrangement.  You can build your own down payment. If you want to stop renting and achieve your goal of home ownership, get in touch with us today!