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Family looking to rent to own acreage to start permacultural homestead.  RSS feed

 
Fallon Wilson
Posts: 30
Location: London, Ontario, Canada
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We are looking for approximately 15-100acres max. to start a homestead based on permaculture, hugulkultur etc. We are looking for as far north as Burksfalls Northwest Ontario to Peterborough, Haliburton NE Ontario. We are looking to start by building a home out of a combo of cob, stone wood, with a wofati design base. If anyone has any leads or a parcel to offer, I look forward to hearing from you. We currently live in London, Ontario.
 
Adrien Lapointe
steward
Posts: 3430
Location: Kingston, Canada (USDA zone 5a)
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chicken dog food preservation forest garden fungi tiny house toxin-ectomy trees woodworking
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Is Prince Edward County and Kingston too far East?

I know this is not really rent to own, but I have seen some properties on MLS for reasonable prices in our area.
 
Fallon Wilson
Posts: 30
Location: London, Ontario, Canada
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Hi Adrien no we have family up in Kingston. We just cant afford the down payments to purchase outright. Which is why I've been on here and other sites like Farmlink etc looking for alternative options. I have been looking on Kijiji as well.
 
Dale Hodgins
gardener
Posts: 6781
Location: Victoria British Columbia-Canada
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A vendor held mortgage is usually preferable to rent to own. With many such arrangements, you can get screwed. There are often bump off clauses where the owner can send you packing if the value rises and you haven't saved enough to match whatever has been offered.

I used to sell real estate in Ontario. Most rent to own negotiations go nowhere. I never put one together.

Rent to own, often let's the owner play the market when things rise. When prices drop, renters may stay since they have invested time and money and they tend to be people of limited options and means. It could work, or it could be one step above sharecropping.

An agreement of purchase and sale, is not an ambiguous document. If you're taking the plunge, protect yourselves.
 
Camille Crawford
Posts: 5
Location: Toronto / Bracebridge Ontario Canada
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Hi Fallon,

If you are still looking, check out our ad for permanent homesteaders wanted:

http://cliffsidekindred.blogspot.ca/2014/04/heathen-homesteaders-wanted.html

By permanent we mean, not seasonal. We understand that 'forever' is a relative term.

 
Eric Grenier
Posts: 31
Location: 100 acres in Abitibi, Quebec, Canada zone 2a
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I have a 105 acres for sale with a old farmhouse In Rouyn Noranda Quebec. Their is busing to a English school of 100 kids from kindergarten to sec 5 or grade 12. It's a real nice place but the house is a fixer upper. I'd like to co-own but selling is np too. Mortgage is 504 a month municipal taxes included with 600 ft newer well with great tasting water and grandfathered septic system.
 
Fallon Wilson
Posts: 30
Location: London, Ontario, Canada
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Thanks everyone but we've found our farmstead
 
Rose Pinder
Posts: 410
Location: Otago, New Zealand
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Did you rent to buy? would you mind explaining how that worked?
 
Fallon Wilson
Posts: 30
Location: London, Ontario, Canada
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Rose no we ended up buying land outright in Nova Scotia. My spouse was downsized and got a payout so when opportunity knocked we answered.
 
It will give me the powers of the gods. Not bad for a tiny ad:
FT Position Available: Affiliate Manager Who Loves Permaculture & Homesteading
https://permies.com/t/69742/FT-Position-Affiliate-Manager-Loves
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