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What’s Rent to Own & How Does It Work? A Guide to Renting vs Buying

Author: 
Jordon Scrinko
Publication date:
October 24, 2022
Article Summary: 

This article is a guide to understanding rent-to-own agreements for condominiums in Toronto, including the benefits and drawbacks of owning a condominium in a high rise building. The article discusses the affordability, 24/7 security, and wide array of facilities and amenities that come with owning a condo in Toronto. The drawbacks include issues with privacy and the limited freedom to make changes to the property without permission from the condo association. The article also provides answers to frequently asked questions, including what to expect, whether it is a good idea, and the cost of the agreement. Finally, the article touches on the potential risks of scams and agreements gone wrong.

Keywords: 

rent-to-own, condominiums, Toronto, affordability, security, amenities, privacy, agreements, scams.



Source Citation: 
Jordon Scrinko
What’s Rent to Own & How Does It Work? A Guide to Renting vs Buying
October 24, 2022
https://precondo.ca/rent-to-own-option-for-a-condo-in-toronto/
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