Requity Homes

Requity Homes is a tech-enabled real estate platform based in Toronto, Canada, focused on providing a modernized rent-to-own program.

Founded in 2020, the company aims to create a fair and flexible path to homeownership for Canadians facing barriers such as insufficient credit history or lack of a down payment. Initially serving Northern Ontario, Requity Homes has expanded to markets in Western Canada and other Ontario cities. The core service is a rent-to-own scheme where Requity Homes purchases a home on behalf of clients, who then rent it for up to three years. A portion of their rent goes towards building a down payment and improving their credit score. Clients can earn equity in the home during the lease term and have the option to buy the home at a guaranteed price after qualifying for a traditional mortgage. Requity Homes primarily serves individuals and families in Canada, including newcomers, self-employed individuals, and those who are financially competent but not yet mortgage-ready.