Can a tenant buy the landlord’s property at the end of lease?
As long as both parties agree to this arrangement, it is possible for a tenant to buy the landlord’s property. Brokerage fees may be required to be paid by tenants living in rental homes or condos, if this was indicated in the original listing agreement for lease. A tenant may be able to purchase landlord’s property through the lease to buy option.
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Amit is a full time local REALTOR® with RE/MAX Real Estate Brokerage Inc. in Mississauga. RE/MAX is Canada's #1 real estate company. Team Kalia serves property sellers, first time buyers, investors, landlords, new immigrants and non-residents in Mississauga including Square One City Centre area. Team Kalia offers a 30 Days Sold Guarantee to Sellers. They also provide tenant finding services to their investor clients.