Requity Homes
Requity Homes is a Toronto-based rent-to-own platform that purchases homes for underserved Canadian homebuyers—self-employed, newcomers, and credit-builders—allowing them to rent and accumulate savings toward ownership across four provinces.
- Company typePrivate
- Founded2020
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Requity Homes does
Requity Homes is a Canadian rent-to-own platform founded in 2020 and headquartered in Toronto. The company purchases eligible homes on its own balance sheet for clients who cannot qualify for traditional mortgages—typically self-employed individuals, newcomers to Canada, credit-rebuilders, and households with limited savings—and rents those homes back to the clients while they build savings and credit toward eventual ownership. The program runs on a 3-year term with a locked-in buyback price capped at a 5% annual increase, and clients retain the option to purchase the home at any point during the term without early-purchase penalties.
The underlying platform includes a customer-facing Client Portal for applications, pre-qualification, and account management; a Rent-to-Own Payment Calculator for scenario planning; a searchable listings database covering 42 cities across Ontario, Alberta, Saskatchewan, and Manitoba; a Partner Portal for realtors, lenders, and community referrers; and a HubSpot-integrated scheduling flow. Rent payments are reported to Equifax, and clients receive one-on-one mortgage-readiness coaching. The company holds a formal partnership with CMHC, Canada's federal housing Crown corporation, and has commercial relationships with Royal LePage and StreetSide Developments.
Requity earns revenue from the spread between monthly rent collected and the property's carrying costs, plus returns realized on home buyback transactions. Customers pay a minimum 2% down payment (or $5,000, whichever is higher) and monthly payments combining rent and a mandatory savings component, with the savings credited toward the buyback price. The company serves individual consumers through a direct-to-consumer model augmented by a partner referral network spanning realtors, mortgage brokers, lenders, and community organizations. Cumulative scale includes 3,000+ applicants served and an 80% home buyback success rate, with reported 100% mortgage qualification among program completers.
Requity Homes firmographics
Firmographics- Name
- Requity Homes
- Legal name
- Requity Homes Inc.
- Website
- https://requityhomes.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Requity Homes is a Toronto-based rent-to-own platform that purchases homes for underserved Canadian homebuyers—self-employed, newcomers, and credit-builders—allowing them to rent and accumulate savings toward ownership across four provinces.
- Ownership category
- akta.pro rank
Requity Homes industry classification
Industry- Product category
- Real Estate Services
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)
Keywords
Where Requity Homes is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Requity Homes business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Rent-to-Own Program Fees: Revenue generated from the spread between the rent collected (aligned with home carrying costs) and the fixed savings amount paid by customers, plus gains from the buyback price structure which increases 5% annually. The company purchases homes upfront and generates returns when customers buy back homes or through property appreciation.
- Home Buyback Transactions: When customers complete the program and buy back their home, Requity exits the investment and realizes returns on the property transaction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Entry-level rent-to-own program with 2% minimum down payment |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Requity Homes product offering
Product offeringCore offering
Requity Homes purchases eligible homes (priced between $150,000 and $600,000) on behalf of qualified clients who then rent the home while building mandatory savings and credit toward eventually buying back the property at a pre-locked price within a 3-year term. The program includes a 2% minimum down payment (or $5,000, whichever is higher), no interest during the rent-to-own term, rent reporting to Equifax for credit building, and personalized mortgage coaching to ensure clients become mortgage-ready.
Product overview
Requity Homes operates a single unified rent-to-own program as its core product, supported by multiple digital platform components. The main offering is a 3-year rent-to-own program where Requity purchases eligible homes (priced $150,000-$600,000) for qualified renters who then pay rent plus monthly savings toward eventual homeownership. This is supported by the Client Portal for application and account management, a Rent-to-Own Payment Calculator for scenario planning, a Listings Platform for browsing available homes across four Canadian provinces, a Partner Portal for realtor and lender collaboration, and a Blog for educational content.
Differentiator
Problem solved
Functional benefit
Products and services
- Rent-to-Own Program Core 3-year rent-to-own program in which Requity Homes purchases an eligible home for the client, who then rents the property while building savings and credit toward eventual buyback at a price locked at purchase with a 5% annual cap. Designed for Canadians who cannot qualify for a traditional mortgage due to credit, income documentation, or down payment limitations.
- Client Portal Web-based portal for prospective and current clients to apply, complete pre-qualification, and manage their rent-to-own account, including savings tracking and authentication for program participation.
- Partner Portal Platform for realtors, mortgage brokers, lenders, and community partners to collaborate with Requity Homes, qualify prospects, and refer future homeowners into the rent-to-own program.
Quantifiable outcome
- 100% of program completers achieved mortgage-ready status and qualified for traditional mortgages
- +4 more outcomes
Companies that use Requity Homes
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles1 record
Requity Homes technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Requity Homes partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and secondary.
- CMHC (Canada Mortgage and Housing Corporation)coreCMHC is Canada's federal housing agency and Crown corporation owned by the Government of Canada. Their partnership ensures Requity meets national standards and provides credibility for the rent-to-own program. This partnership helps families move into homes with confidence and is a key differentiator for Requity.
- Royal LePagecorePartnership connects home search, rent-to-own approval, and local real estate expertise into a single streamlined experience. Customers can browse homes on Royal LePage, apply directly with Requity, and receive support from trusted local agents.
- StreetSide DevelopmentssecondaryOfficial partner offering like-new rent-to-own townhome developments in Edmonton, AB. These modern new construction communities let customers move into homes sooner while building savings toward ownership through the flexible rent-to-own pathway.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Requity Homes competitors and assessment
Company assessmentOthers
- Pine: Canadian mortgage technology company providing broker/agent tools. Adjacent infrastructure layer in the Canadian mortgage origination value chain that Requity's eventual completers will interact with.
- nesto: Canadian digital mortgage brokerage. Adjacent in the Canadian mortgage access ecosystem where Requity's clients eventually graduate to traditional mortgage qualification; partnership/referral potential.
Emerging players
- Knock: US home trade-in platform that helps would-be buyers bridge to a new purchase by buying their old home first. Comparable as an alternative-homeownership intermediary using balance-sheet capital to remove transaction friction for underserved buyers.
- Properly: Canadian real estate technology company offering home-selling and listing services. Adjacent in geography and PropTech focus, though serving sellers rather than rent-to-own buyers; partial overlap in the Canadian alternative-housing ecosystem.
Direct peers
- EasyKnock: US sale-leaseback and rent-to-own platform that buys homeowners' properties and rents them back, with the option to repurchase. Comparable in offering an alternative path to homeownership for credit-constrained households.
- Divvy Homes: US rent-to-own platform (now restructured) that purchased homes and rented them to residents with a future buyback option. Closely matched product structure, target customer (would-be homeowners locked out of mortgages), and balance-sheet funding model.
- Hometap: Canadian-founded home equity sharing platform that gives homeowners cash in exchange for a share of future home value. Directly comparable as a Canadian alternative-homeownership fintech serving underserved borrowers with non-traditional income, credit, or savings profiles.
Broad incumbents
- Home Partners of America: US rent-to-own platform acquired by Blackstone, offering lease-with-right-to-purchase on single-family homes. Directly comparable product and customer segment, operating at vastly larger scale under institutional ownership.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Requity Homes social profiles
Digital presenceRequity Homes compliance and trust
Trust signalCompliance1 record
Requity Homes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Requity Homes leadership team
Management profileNumber of profiles
Profiles8 records
Requity Homes funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Requity Homes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Requity Homes
What does Requity Homes do?
Requity Homes purchases eligible homes (priced between $150,000 and $600,000) on behalf of qualified clients who then rent the home while building mandatory savings and credit toward eventually buying back the property at a pre-locked price within a 3-year term. The program includes a 2% minimum down payment (or $5,000, whichever is higher), no interest during the rent-to-own term, rent reporting to Equifax for credit building, and personalized mortgage coaching to ensure clients become mortgage-ready.
Is Requity Homes a public or private company?
Requity Homes is a private company. It is classified as venture growth investor backed and is currently operating.
When was Requity Homes founded?
Requity Homes was founded in 2020. It employs 1 to 10 people.
Where is Requity Homes based?
Requity Homes is headquartered in Toronto, Canada, in the North America region.
How does Requity Homes make money?
Two revenue lines are on record. Rent-to-Own Program Fees are the primary driver. The others are home Buyback Transactions.
Who are Requity Homes's main competitors?
Others on record are Pine and nesto. Emerging players are Knock and Properly. Direct peers are EasyKnock, Divvy Homes and Hometap. Home Partners of America is listed as a broad incumbent.
Does Requity Homes have an API?
No public API is recorded for Requity Homes.
What industry is Requity Homes in?
Requity Homes's product category is Real Estate Services. Its primary akta.pro industry code is FSAEAEAA, Residential Mortgage Brokerage (Purchase & Refinance). Its NAICS code is 522310 and its SIC code is 6162.