Nexus tries rent-to-own on some unsold homes
Following in Gridiron’s footsteps, Nexus, the 389-unit condo at 1808 Minor Ave is trying rent-to-own to move some of their unsold homes. This program ends at the end of this year.
How it works
- Sign a 6-month lease with an option to purchase the unit at the end of the term.
- If you choose to exercise the option at the end of the 6-month lease, the value of total rent funds paid to date shall be discounted from the purchase price.
- The unit price and monthly rental is determined prior to the signing of the lease.
Sample of units available