Rent-to-own homes & Condos with No Credit Check in Guelph

Guelph Real Estate Market Overview

Guelph features the amenities of a large city with a small-town feel. Excellent public transport makes it easy to commute to nearby larger cities including Waterloo (30 minutes), Hamilton (40 minutes), and Toronto (45 minutes). Families raising kids love Guelph for its top-rated schools and kid-friendly amenities. Downtown is a vibrant area featuring sports facilities, plays, music, restaurants with global cuisines, and beautiful little shops and cafes. Home to nearly 135,000 people from diverse cultural and ethnic backgrounds, Guelph is a competitive housing market with the average listing price for single-family homes jumping to $750,000. However, the city offers many affordable options for budget-conscious buyers as they can easily find apartments/condos listed for $350,000 or less.

You are probably looking for a no-credit-check home in Waterloo if banks have turned down your mortgage application due to self-employment, foreign nationality, or bad credit. Here at Clover Properties, we work with families struggling with credit and help them buy any home of their choice with a rent-to-own arrangement in Guelph.

Why buy a rent-to-own home in Guelph

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

• With an unemployment rate of 2.3% – one of the lowest in Ontario, Guelph is attractive to aspiring home buyers looking for a city where the cost of living is affordable. You can comfortably live on a monthly income of $3,300. Guelph has been ranked as one of the easiest cities to find a job due to lots of new business opportunities.
• The increase in population is expected to further fuel the demand for housing in Guelph. It means both rents and home prices are expected to go up. It might be a good financial decision to buy a home, rather than continue to rent as you will be able to build equity faster.
• You will find about 600-700 homes listed for sale here most weeks. A large selection of residential properties will make it easier for you to find a home in your budget and desired location.
• Guelph features many public parks and recreational centres. They include Cross Creek Park, Guelph Lake Conservation Area, Ignatius Centre of Guelph Trails, and Marden Park.
• Upper Grand District School Board provides quality education to 35,000 students through 65 elementary schools and 11 secondary schools.

How to buy a rent-to-own home in Guelph, Ontario

The rent-to-own program at Clover Properties is probably your best option if you have been denied a traditional mortgage to finance a home purchase in Guelph. Our program gives you the freedom of buying any home of your choice just like a pre-approved buyer regardless of your credit or situation. Interested in learning more? Get in touch with us today!