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.
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.
Location: Sable River, Nova Scotia Canada
posted 7 years ago
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.
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.
Location: 100 acres in Abitibi, Quebec, Canada zone 2a
posted 5 years ago
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.
The season is short but the land is extremely cheap. Let's help each other grow food!