Thank you for the formula. I`ll apply it to my example and see if it fits. I guess my next question is who sets the `market rent`? Is that a fixed number, or one I can deduce from looking at CMHC reports, in newspapers etc? I guess I just want to be sure that at the end of the lease term...

Hi all, I am trying to structure a rent to own program for a brand new condo development and am coming across some resisitance from CMHC re: market rent. In a 2008 market report, CMHC showed our current market rent at $670 for a 2 bedroom unit. I would like to use this number when calculating...