A Path from Renting to Owning
Your Path to Homeownership™ starts here
Rent-to-own a home with the support of Royal LePage®
Buying a home doesn’t always follow a straight path. For many people, timing, credit history, or saving for a down payment can make traditional home buying feel out of reach.
At Royal LePage, we believe it’s important to offer a clear way forward. One that helps qualified buyers move ahead with confidence, without rushing or compromising long-term goals.
What is Rent-to-own?
Path to Homeownership offers a structured rent-to-own option that helps qualified buyers work toward homeownership over time.
Through the program, buyers rent a home of their choosing for a set period while building savings toward a future down payment. When the term ends, they have the opportunity to purchase the home at a pre-agreed price.
The program is delivered in partnership with Requity Homes, Canada’s #1 rent-to-own provider, helping more people achieve homeownership.
Is Rent-to-own right for you?
Path to Homeownership may be a good fit if you can comfortably afford monthly housing costs but need more time to strengthen your buying position.
Rent-to-own is suited for:
- First-time buyers building a down payment
- Newcomers to Canada establishing credit history
- Self-employed buyers with non-traditional income
- Buyers rebuilding credit after a financial setback
How it works
- Get prequalified by completing a short questionnaire to see if rent-to-own may be an option.
- Move in and rent while Requity Homes purchases the property and leases it to you for two to three years.
- Find an eligible home with the help of a Royal LePage agent in an applicable market.
- Build savings toward ownership as a portion of each monthly payment is set aside toward your future down payment.
- Buy the home at the end of the term at the agreed-upon price, using the savings you’ve built as your downpayment.
Property eligibility criteria
To support long-term value and buyer success, only certain homes qualify for the program.
Eligible properties must meet the following criteria:
- Location: Within approved cities where the program operates
- Ownership type: Freehold properties only
- Price range: $200,000 to $600,000 CAD
The following property types are not eligible: condominiums or apartments, mobile homes, leasehold properties, or rural properties. Your Royal LePage agent can help confirm whether a specific home qualifies. Get prequalified.
Participating cities
Rent-to-own properties are available in the following markets across Canada.
*Availability may vary by market. Additional cities may be added over time.
Alberta
- Medicine Hat
- Edmonton
- Spruce Grove
- Stony Plain
- St Albert
- Sherwood Park
- Beaumont
- Leduc
- Lethbridge
- Coaldale
- Red Deer
- Blackfalds
- Lacombe
- Penhold
- Grande Prairie
- Westlake
- Clairmont
Saskatchewan
Manitoba
Ontario
Take the next step
Path to Homeownership is designed to help potential buyers move forward with confidence. Take the first step toward homeownership by seeing if rent-to-own could work for you.
