Now Renting
180 Switchmen Street, Vancouver
(near Main + East 1st)
604.369.7524
Open by appointment only

Build homeowner equity – even while you’re renting.

SO HOW DOES THAT WORK?

Rent an apartment at a Bosa or BlueSky Properties rental building, and each month 15% of your rent is placed in a BosaEQUITY™ Credit Account. This credit can be put towards a downpayment in a future Bosa or BlueSky Properties new home purchase, to a maximum of 3% of the value of the home.

SHOW ME THE MATH, PLEASE

Let’s say your rent is $1,600 a month. Of that, $240 can go toward the purchase of a new Bosa or BlueSky home. After 24 months you’ve got $5,760 in that account. Nice! Keep going; we’ll credit you up to a maximum of 3% of the new home’s price. So if you’ve got your eye on a home that’s $300,000, the maximum BosaEQUITY™ credit you can use is $9,000. And that would take you just about 3 years to save if your rent is $1,600.

IS IT A BANK ACCOUNT?

No. It’s just an accounting of the rent you’ve paid, kind of like a loyalty program that tracks what you spend with us. In some ways it’s better than a bank account, because you can’t use it to splurge on a vacation or new bike.

AND WHEN I’M READY TO BUY MY OWN PLACE?

When your tenancy is over, you’ll receive a BosaEQUITY™ statement that shows the total savings available if you want to purchase a new Bosa or BlueSky Properties home. You have 24 months to use that credit.

WHY WOULD WE DO THIS FOR TENANTS?

Because buying a home is a significant investment. We understand that it’s hard to save up and still enjoy life, so we want to lend you a hand.