Credit Leniency
We support you throughout the entire process to help you qualify before your agreement ends, ensuring that when it’s time to close, you can pursue financing with confidence.
Build Equity
In addition to your down payment, a portion of each monthly rent payment is credited toward your future purchase. This allows you to build equity and make meaningful financial progress every month.
Lock In
Your purchase price is locked in from day one and written directly into your contract. Any future market appreciation belongs entirely to you. Don’t miss the opportunity to secure today’s prices simply because bank approval is taking longer than it should.
5-8% Down
Secure your home with just 5–8% down—significantly less than a traditional mortgage requires. Move in right away and enjoy the full term of your agreement to strengthen your financial profile and achieve mortgage qualification with confidence.
Properties we've recently sold
Frequently Asked Questions
What can Ascension do for me?
If traditional banks are holding you back, we help you bridge the gap between renting and owning. Our program gives you time to overcome credit, down payment, or income hurdles—all while building real equity.
Step off the renter’s hamster wheel: every payment moves you closer to ownership. Plus, we lock in your purchase price today, so any future appreciation belongs entirely to you.
Why not buy a house the traditional way?
For many, the traditional route isn’t an option right now:
Credit issues: Even minor past mistakes can block bank approval.
Self-employment: Banks may not see enough income on paper, even if your business thrives.
Down payment: If you’re short, our program acts as a built-in savings plan while you secure your home.
When the traditional path isn’t feasible, our program provides a real, achievable pathway to ownership—without years of waiting.
What happens if the market goes up or down after we sign?
Your purchase price is locked in the day we make the deal.
If the market goes up, all appreciation from that point forward is yours, which can also make mortgage approval easier since lenders see more security in the home.
If the market goes down, your accrued equity still goes toward the purchase. While it may take more effort to qualify if values drop, your risk is limited. Unlike a traditional mortgage, you’re never liable to banks or CMHC if the home’s value falls. The most you can lose is what you put in—no negative equity, no underwater mortgage risk.
What security do I get as a Buyer?
You’ll receive a legally binding agreement that gives you the right to place a caveat on the property’s title. Your lawyer can register this for you. The caveat protects your interest and ensures the home cannot be sold to anyone else for the duration of our agreement.
Can I have my lawyer review the agreement before I sign it?
Absolutely. We encourage you to have your lawyer review the agreement before signing. This is an important commitment, and we want you to feel fully confident. Our contract is transparent, compliant, and designed to protect both parties.
Who is responsible for the maintenance of the property?
As a Tenant-Buyer, you step into the responsibilities of homeownership—but in a way that benefits you. This includes tasks like snow removal, yard care, and general upkeep. Think of it as taking care of your future home: the better you maintain it, the more value and pride you’ll enjoy when you officially become the owner.
Can I do renovations on the property?
Yes! Small updates, like painting a room, are fine. For renovations over $5,000, you’ll need our approval. Most improvements—like new flooring or finishing a basement—are usually approved, as long as they’re done by qualified tradespeople. Major changes that reduce the home’s value, like removing bedrooms, require discussion and permission.
What if I can’t get financing by the end of the term?
You’re not alone in this—we connect you with a mortgage broker to guide you every step of the way toward financing. If unexpected challenges arise, there are options: a co-signer, a possible extension, or selling the home to access your accrued equity. Our agreements are designed to give you enough time to succeed, and with focus and support, most Tenant-Buyers do just that.
Brian Benedict
Founder
Brian has been involved in the Alberta real estate market since 2002, when he bought his first investment property. Since then, he has transacted over a hundred deals. He’s helped many families and investors acquire properties for their needs, while running his own portfolio throughout the years. Ascension is the product of his many years of experience in various fields of real estate investing.
Susie Christensen
Acquisitions
Susie is a long-time Edmontonian with a passion for all things real estate. With over 20 years of experience in real estate training, management, and acquisitions, she has developed a keen ability to identify prime properties and navigate complex transactions with confidence, ensuring seamless and compliant deals for her clients.
Stop Renting. Start Owning.
Alberta-Wide (780) 221-3359
Build equity
In addition to your down payment, a portion of each monthly rent payment is credited toward your future purchase. This allows you to build equity and make meaningful financial progress every month.
Credit Leniency
We support you throughout the entire process to help you qualify before your agreement ends, ensuring that when it’s time to close, you can pursue financing with confidence.
Lock In
Your purchase price is locked in from day one and written directly into your contract. Any future market appreciation belongs entirely to you. Don’t miss the opportunity to secure today’s prices simply because bank approval is taking longer than it should.
5-8% Down
Secure your home with just 5–8% down—significantly less than a traditional mortgage requires. Move in right away and enjoy the full term of your agreement to strengthen your financial profile and achieve mortgage qualification with confidence.
Properties we've recently sold
Frequently Asked Questions
What can Ascension do for me?
If traditional banks are holding you back, we help you bridge the gap between renting and owning. Our program gives you time to overcome credit, down payment, or income hurdles—all while building real equity.
Step off the renter’s hamster wheel: every payment moves you closer to ownership. Plus, we lock in your purchase price today, so any future appreciation belongs entirely to you.
Why not buy a house the traditional way?
For many, the traditional route isn’t an option right now:
Credit issues: Even minor past mistakes can block bank approval.
Self-employment: Banks may not see enough income on paper, even if your business thrives.
Down payment: If you’re short, our program acts as a built-in savings plan while you secure your home.
When the traditional path isn’t feasible, our program provides a real, achievable pathway to ownership—without years of waiting.
What happens if the market goes up or down after we sign?
Your purchase price is locked in the day we make the deal.
If the market goes up, all appreciation from that point forward is yours, which can also make mortgage approval easier since lenders see more security in the home.
If the market goes down, your accrued equity still goes toward the purchase. While it may take more effort to qualify if values drop, your risk is limited. Unlike a traditional mortgage, you’re never liable to banks or CMHC if the home’s value falls. The most you can lose is what you put in—no negative equity, no underwater mortgage risk.
What security do I get as a Buyer?
You’ll receive a legally binding agreement that gives you the right to place a caveat on the property’s title. Your lawyer can register this for you. The caveat protects your interest and ensures the home cannot be sold to anyone else for the duration of our agreement.
Can I have my lawyer review the agreement before I sign it?
Absolutely. We encourage you to have your lawyer review the agreement before signing. This is an important commitment, and we want you to feel fully confident. Our contract is transparent, compliant, and designed to protect both parties.
Who is responsible for the maintenance of the property?
As a Tenant-Buyer, you step into the responsibilities of homeownership—but in a way that benefits you. This includes tasks like snow removal, yard care, and general upkeep. Think of it as taking care of your future home: the better you maintain it, the more value and pride you’ll enjoy when you officially become the owner.
Can I do renovations on the property?
Yes! Small updates, like painting a room, are fine. For renovations over $5,000, you’ll need our approval. Most improvements—like new flooring or finishing a basement—are usually approved, as long as they’re done by qualified tradespeople. Major changes that reduce the home’s value, like removing bedrooms, require discussion and permission.
What if I can’t get financing by the end of the term?
You’re not alone in this—we connect you with a mortgage broker to guide you every step of the way toward financing. If unexpected challenges arise, there are options: a co-signer, a possible extension, or selling the home to access your accrued equity. Our agreements are designed to give you enough time to succeed, and with focus and support, most Tenant-Buyers do just that.
Brian Benedict
Founder
Brian has been involved in the Alberta real estate market since 2002, when he bought his first investment property. Since then, he has transacted over a hundred deals.
He’s helped many families and investors acquire properties for their needs, while running his own portfolio throughout the years. Ascension is the product of his many years of experience in various fields of real estate investing.
Susie Christensen
Aquisitions
Susie is a long-time Edmontonian with a passion for all things real estate. With over 20 years of experience in real estate training, management,
and acquisitions, she has developed a keen ability to identify prime properties and navigate complex transactions with confidence, ensuring seamless and compliant deals for her clients.
We'd Love To Hear From You
contact us
Copyright © 2025 Ascension Real Estate Ltd.
All rights reserved.
Contact Us
Ascension Real Estate Ltd.
c/o Forum Law
11835-149 Street NW
Edmonton, AB T5V 1G6
(780) 938-7368
Copyright © 2025 Ascension Real Estate Ltd.
All rights reserved.
Contact Us
Ascension Real Estate Ltd.
c/o Forum Law
11835-149 Street NW
Edmonton, AB T5V 1G6
(780) 938-7368