Toronto Rent-to-Own Opportunity

About the tenant-buyers:

Paul and Olivia (a married couple) and David (Paul’s brother) are currently renting separately but have decided to pool their incomes and savings to achieve their dream of homeownership—a reality they know is only possible together. Focused on building a secure future, Paul and Olivia, along with David, have demonstrated strong financial responsibility with good credit, savings of $35,000 for a down payment and stable employment. They’ve set their sights on a spacious 3-bedroom, freehold semi-detached home in downtown Toronto, priced attractively at $699,900. The property is large enough to comfortably accommodate all three and offers the stability they’re looking for close to where Paul and Olivia both work, making this the ideal home to start their ownership journey.

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Income

Together, the trio has a combined annual income of $195,993. Paul earns $86,993 as a Director of Loss Prevention at St. Regis Hotel in Toronto, a role he’s held since 2022. Olivia, a Manager at the Goodman Pub and Kitchen, brings in $57,000 annually and has been with the company since 2020. David works for Citywide Group, a waterproofing company in the GTA, as a Technician, earning $57,000 annually since 2021.

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Credit

Paul’s credit score stands at 729, Olivia’s is 640, and David’s is 790, giving them a solid starting point for continued improvement over the four-year program. While they have a bit of debt to pay down, they’re well-positioned to manage. Our dedicated team will help ensure they are financially ready to purchase in 2028.

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Property

This trio found an incredible freehold semi-detached home in downtown Toronto, perfectly located between the Upper Beaches and East Danforth. The 3-bedroom, 2-bathroom property has been renovated from top to bottom, featuring a Chef’s kitchen with quartz counters, a professionally finished basement, upgraded bathrooms, and engineered hardwood throughout.

With easy access to the downtown core and proximity to parks, schools, shopping, public transit, restaurants, and the Beaches, the location couldn’t be more ideal. Plus, with quick access to the Don Valley Parkway and Gardiner Expressway, David can easily commute to job sites across the GTA, while Olivia and Paul enjoy a short, convenient trip to their jobs downtown. This property’s freehold status and lack of condo fees make it a rare, valuable find in this area and price range.

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Next Steps

If you’re looking for a high-cashflow, low-risk rent-to-own deal in downtown Toronto, this is your chance. With a manageable mortgage of $559,920, you can generate steady monthly cashflow of about $1,285 a month after expenses.

Hit the green button now and lock in this opportunity.

Deal Summary:

Term: 4 years

Purchase Price:  $699,900

Estimated Investment Required: $143,180

Estimate ROI: 32% (based on 5.34% and a 4-year deal)

Estimate Returns: $181,101

TB Down Payment: $35,000

Numbers Summary:

Monthly Payment: $5,048

Condo Fee: $0 (no condo fee as it is a freehold town house)

Monthly Cash Flow: $1,285

Future Purchase Price: $860,854 (after four-years)