Rent To Own North Bay
Rent To Own North Bay Ontario
North Bay sits on the east end of the beautiful Lake Nipissing, a world-class freshwater fishery.
North Bay is also home to the North Bay Battalion, Canadore College and Nipissing University.
North Bay has a population of over 50,000 people. For a small town with two post-secondary schools, the rental demand is high since so many students also need a place to live.
Home prices in North Bay have been on an upward trend over the last few years. According to CREA October 2019 had a record number of home sales.
The average home price currently is around $250,000.
Another trend that is near record setting numbers is the number of current listings, or lack there of. These record low numbers are down almost 17% from the same time last year.
When you apply the simple fundamentals of supply and demand you can guess which direction home prices will most likely go.
On top of the low demand, our government is planning to increase the number of immigrants that are allowed into Canada. With the plan to allow in 340,000 new Canadians for 2020, Ontario will welcome far more than any other province.
With rent prices being high, and qualifying for a mortgage very difficult, this is why Rent To Own Canada is becoming so popular.
We specialize in Rent To Own in North Bay and the surrounding areas of Callander, Nipissing, Powassan, Mattawa, and Sturgeon Falls.
Rent to Own North Bay, helps people who may be having trouble qualifying for a traditional mortgage with a bank. Our Rent to Own agreements are structured to put you the tenant-buyer into a position to have the best opportunity to be mortgage ready and successfully purchase your home at the end of the rent to own agreement.
We help people who have bad credit, recently divorced, self-employed or new to the country.
If you would like to better understand how Rent To Own works, click the following links.
Rent To Own Canada - Executing Rent To Owns Successfully With Integrity.