1141 Scenic Drive South
Lethbridge, Alberta T1K1L8
3 beds• 2 baths• 1070 sqft
Description
Welcome to 1141 Scenic Drive South! This home offers a fantastic opportunity for both investors and first-time buyers. With an illegal basement suite, this property provides excellent revenue potential or the perfect way to have some help with your mortgage. Ideally located, you’re just 5 minutes from downtown, with quick access to Walmart, Costco, and countless other shops, restaurants, and amenities. The convenience of this central location makes it an unbeatable choice for lifestyle and value. Whether you’re looking to grow your investment portfolio or step into homeownership with added financial support, this home checks all the boxes. A rare find in today’s market — don’t miss it! (id:39198)
Rent-to-Own This Home for
$3,746/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly rent builds your future down payment. After your lease (usually 1–3 years), you get the option to buy.
Facts & Features
Building Type
House
Year built
1958
Square Footage
1070 sqft
Stories
2
Bedrooms
3
Bathrooms
2
Parking
3
Neighbourhood
Fleetwood
Land size
Heating type
Forced air
Basement type
Full, Separate entrance, Suite
Parking Type
Time on REALTOR.ca
2 days
Brokerage Name: REAL BROKER
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Home price
$399,900
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Monthly Payment
$3,746/month
The payment includes
Rent
$3,241
Rent is in-line with home carrying costs which includes:
• Est. Mortgage Costs
$2,708
• Est. Property Tax
$333
• Est. Insurance
$200
Rent is rent and it won't be deducted from the buyback price.
Monthly savings
$504
The amount of savings you need to put aside in addition to your initial down payment to achieve your savings goal
Buyback
Here is the final price if I buy the house after:
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Description
Welcome to 1141 Scenic Drive South! This home offers a fantastic opportunity for both investors and first-time buyers. With an illegal basement suite, this property provides excellent revenue potential or the perfect way to have some help with your mortgage. Ideally located, you’re just 5 minutes from downtown, with quick access to Walmart, Costco, and countless other shops, restaurants, and amenities. The convenience of this central location makes it an unbeatable choice for lifestyle and value. Whether you’re looking to grow your investment portfolio or step into homeownership with added financial support, this home checks all the boxes. A rare find in today’s market — don’t miss it! (id:39198)
Rent-to-Own This Home for
$3,746/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly rent builds your future down payment. After your lease (usually 1–3 years), you get the option to buy.
Facts & Features
Building Type
House
Year built
1958
Square Footage
1070 sqft
Stories
2
Bedrooms
3
Bathrooms
2
Parking
3
Neighbourhood
Fleetwood
Land size
Heating type
Forced air
Basement type
Full, Separate entrance, Suite
Parking Type
Time on REALTOR.ca
2 days
Brokerage Name: REAL BROKER
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Book a Call with Requity Homes
We speak English, Mandarin, Tagalog, Russian, Twi, Fante, and Hindi.
Our team is ready to help you navigate the rent-to-own process.
Just provide your information and preferred language. We‘ll take care of the rest!