Appleridge Homes RTO offers a unique Rent to Own program to our clients in Toronto, Pickering, Ajax, Whitby and the rest of the Durham region.

• What happens if there is a major breakdown in the heating/air conditioning unit or the roof caves in? 
• What if major repairs are the result of normal wear and tear? 
• What happens to your ability to complete the Rent to Own program?

These major costs could add up quickly and destroy any opportunity to purchase a home.  We want you to be able to purchase the home at the end of the program, so we cover these major repairs over an agreed amount. 

Now you know you can relax and focus on your house purchase, fixing your credit, and just living your life.

Why are you renting, when you can Rent to Own?

It is possible to have similar rents to what you are paying while in the Rent to Own program.  The big difference is that you will be earning thousands of dollars in Non-Refundable Purchase Option Credits which are added up each and every month. 

These Non-Refundable Purchase Option Credits are applied to the purchase price of the home, if you decide to excercise the Purchase Option. 

When banks are looking to give you a mortgage they look at your credit score.  The lower your credit score the larger the down payment that banks want.  We are not the bank.

Why wait to collect $40 – $50,000 for a down payment or fix your credit score?  You can get into a beautiful Rent to Own Home of your dreams, right now.

If you have 3-5% of the present value of the home as a Purchase Option Deposit, you can get into the home that you want.  

The Purchase Option Deposit is directly applied to the purchase of the home at the end of the program.  It also indicates to us that you are committed in buying the home at the end of the contract.

Many hardworking Canadians living in Toronto, Pickering, Ajax, Whitby – across Southern Ontario have trouble qualifying with a lender to get a mortgage.  With our Rent to Own program – there are no banks and you do not need a mortgage qualification.  We review every application that we see, and we approve you directly. 

We want you to succeed at living in the home that you choose.  We are here to help.