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Rent-to-Own New Builds & Condos in Ontario

Rent-to-Own New Builds & Condos in Toronto

Compare 25 Toronto rent-to-own providers for new builds and condos. Learn what the programs involve, what to check, and how we score them.

How rent-to-own works for new builds and condos

A rent-to-own deal lets you move into a home, usually a new townhouse, a pre-construction unit or a condo, and pay rent while you build toward a purchase. Part of each payment is typically credited toward your down payment. You agree on a purchase price and a buying date, often two to five years out, and pay an upfront option fee.

New builds add a wrinkle: closing dates can slip, and the builder, the program provider and the lender may all be different parties. Condos add monthly fees and status certificates to read.

What to look for

  • A purchase price fixed in writing, or a clear formula for setting it.
  • How much of the rent credit and option fee is refundable if you don't buy.
  • Who handles repairs, condo fees and property tax during the rental term.
  • Whether a lawyer you choose reviews the agreement before you sign.
  • A realistic plan for qualifying for a mortgage when the term ends.

How our scoring helps

We cover 25 providers in this category. Our scores weigh contract clarity, fee transparency, and track record, so you can compare them side by side. See the ranked guide to rent-to-own new builds for the order, and read the methodology for how each score is built.

Read the ranked guide: Best rent-to-own new builds and condos in Toronto View all on map →

Get matched with rent-to-own new builds & condos in Toronto

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All rent-to-own new builds & condos in Toronto, ranked by score and relevance

We found 25 businesses offering rent-to-own new builds & condos in Toronto; 6 met the criteria for the scored directory. The order weighs each business's overall score by how much of its reviewed work is rent-to-own new builds & condos, so a lower-scored specialist can rank above a higher-scored generalist.

Mayssoun Hatoum - Real Estate Broker
#1
93

Mayssoun Hatoum - Real Estate Broker

5.0(158)✓ Google-verified

Reviewers describe an agent who answers quickly and keeps clients updated through each stage. Many say she is patient, honest, and clear about paperwork, whether clients are buying, selling, renting out, or looking for tenants. Several reviewers mention she screened tenants carefully and arranged viewings and video tours, even for out-of-town buyers. Others praise her negotiation and her network of trusted service providers. One reviewer noted a condo deal fell through over building structural concerns, and they still appreciated her effort.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
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Reza Afshar - Toronto Condos for Sale
#2
83

Reza Afshar - Toronto Condos for Sale

4.9(68)✓ Google-verified

Reviewers describe Reza Afshar as knowledgeable, patient, and quick to reply, with clear explanations at each step. Most recent reviews are five-star and mention buying, selling, and rental help in Toronto. One recent one-star review calls his communication weak and says he relies on clients to do much of the work.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
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Performance Property Management
#3
79

Performance Property Management

4.1(200)✓ Google-verified

Reviewers describe steady, friendly contact with the company's staff. Many say the team answers questions quickly and explains what is happening on maintenance requests. Several have worked with the company for close to a decade. Named staff come up often, especially Jessyca Scott, who reviewers call their main contact. Andre Gorham and Alon Meyer also get praise. Reviewers mention help with tenant screening, monthly statements, and regular building inspections.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
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LandLord Property & Rental Management Inc.
#4
79

LandLord Property & Rental Management Inc.

4.5(280)✓ Google-verified

Reviewers split sharply. Several long-time owners and tenants praise fast replies and helpful account managers. The newest unhappy tenant reports a months-long HVAC odour problem and slow, inconsistent replies from management.

Rent-to-Own Home ProgramsRent-to-Own New Builds & Condos
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Empire Maverick | Empire Homes
#5
54 low data

Empire Maverick | Empire Homes

3.1(16)✓ Google-verifiedPublishes prices

Only 16 Google reviews exist, and they split sharply between five stars and one or two stars. Recent feedback is thin: one resident praises the staff and common areas, while another reports ongoing water problems.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
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Get matched with rent-to-own new builds & condos in Toronto

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Ocean Breeze Homes
#6
30 low data

Ocean Breeze Homes

No rating yet✓ Google-verified

Ocean Breeze Homes is a Google-verified business in North York, Toronto. No individual reviews were available, so review evidence is very limited. Their website describes architecture, construction, and renovation services.

Rent-to-Own New Builds & CondosRent-to-Own Home Programs
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Common questions about rent-to-own new builds & condos

How much does rent-to-own cost in Toronto?
Expect an upfront option fee, commonly 2% to 5% of the purchase price, plus monthly rent set above the market rate. The premium, often a few hundred dollars a month, is usually what gets credited toward your down payment. Terms vary, so confirm in writing what is refundable.
What happens if I can't buy at the end of the term?
In most agreements you lose the option fee and the accumulated rent credits. Some providers allow a short extension or return part of the credits. Ask for this before signing, and have a real estate lawyer review it.
How do I judge a rent-to-own provider's quality?
Check that the price and credit terms are fixed in the contract, that fees are itemized, and that they explain what happens on default. Ask for references from past buyers who completed a purchase, and be cautious of anyone who rushes you to sign.
Is rent-to-own a good fit for a new build or condo?
It can be if you need time to improve your credit or save a down payment and the building's closing date is firm. Watch for delays on pre-construction units and for condo fees that rise over the term.

Last updated 2026-10-30