Your Step-by-Step Guide to Rent to Own with Sprout Properties

If you’ve ever thought, “I want to own a home, but I’m just not mortgage-ready yet,” you’re in the right place. At Sprout Properties, we’re here to help you bridge the gap between renting and owning with our flexible and proven Rent to Own homeownership program.

We will guide you through the entire Rent-to-Own process in Canada, so you can see just how achievable your goal of owning a home truly is.

1. Complete Your Rent-to-Own Application

The first step on your journey to homeownership starts with a simple, no-pressure application. Our rent-to-own application provides us with insight into your financial situation. This information enables our team to determine if the Sprout Properties Rent-to-Own option is available to you.

2. Connect with a Rent-to-Own Specialist

Once your application is approved, you’ll be matched with one of our expert Rent to Own specialists. This one-on-one session provides a deeper dive into your finances, addresses your questions, and helps you understand how the Rent-to-Own program works from start to finish. Whether you're building credit or just need time to save, we’ll help you explore every available path toward homeownership.

3. Customize Rent-to-Own Terms That Work for You

Your financial goals are unique, so your Rent-to-Own agreement should be too. We’ll work together to build a plan that outlines:

• Monthly rent payments

• Future purchase price of the home

• Length of your Rent-to-Own term

Our goal? To create a realistic and empowering roadmap to owning your own home without financial stress.

4. Start Shopping for Your Future Rent to Home

Here’s where things get exciting. With approved terms in place, you will begin shopping for your home. You’ll have access to a wide range of real estate listings, including Realtor.ca, RealMaster, Kijiji, and private sales. Our team provides professional guidance, enabling you to confidently select the right home to rent and own—one that suits your lifestyle, budget, and plans.

5. Finalize the Rent to Home with Inspections, Appraisals & Contracts

Once you’ve selected your home, we’ll guide you through the final steps, similar to a traditional home purchase, but with added support. You’ll have access to our trusted team of professionals who are here to ensure a smooth and informed transition. This includes:

• A professional home inspection

• Guidance from an experienced mortgage team and a certified home appraisal

• A comprehensive Rent-to-Own agreement reviewed by a legal expert

We ensure that every detail is handled accurately and in accordance with your agreement, giving you the confidence to move forward.

6. Confirm Your Move-In Date and Prepare to Settle In

Once all paperwork is finalized and approvals are in place, we’ll schedule your official move-in date. Our team will ensure you’re fully prepared for a smooth transition into your new home, providing clear guidance on next steps, setting up utilities, and helping you settle in comfortably.

7. Welcome Home! Final Walk-Through & Key Handoff

It’s the big day! We’ll meet you at your new home for a final walk-through inspection to ensure everything is just right. Once complete, we’ll hand over your keys (or door code)—and just like that, you’re on the path from renting to homeownership. Congratulations, and welcome home!

Ready to Get Started on Your Path to Homeownership?

At Sprout Properties, we’re passionate about helping you take the next step toward owning a home in Canada—even if you’re not quite ready for a mortgage or a bank has turned you down. 

Apply now or contact us to discover how our Rent-to-Own program can help turn your homeownership dream into a reality.