For rent-to-own contracts in which the option fee is lower than the minimum down payment, rent credits are used to shore up the option fee until it reaches the minimum down payment (as defined by the CMHC for mortgage loan insurance). At the time of writing, the CMHC has a minimum down payment of 5% on mortgages of $500,000 or less.. Secord (West Edmonton) 2 story newer built single house. 22937 94 A Ave, Edmonton, AB, Canada. Beds: 3Baths: 2.5. Single Family Home. Details. For Rent to Own For Sale Rent To Own. $539,000.

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8 Rent to own Edmonton no down payment are price checked. The price starts at $ 139,900. Allclassifieds Canada verifies and gathers property for sale listings from 1 sites.. RENT TO OWN - NO CREDIT CHECKS OR EMPLOYMENT VERIFICATION REQUIRED!Minimum Down Payment: $22,500Monthly Payments (PITI): $2,625Monthly Pay-Down Credit: $400Available.. start with 2% down today and save toward 5% in 3 years. Start. Initial Deposit. $5,000. 2 - 10% down payment based on risk profile. Rent. Monthly Payment. $2,356. Rent.