461 Lynx Terrace North
Lethbridge, Alberta T1H6Z9
2 beds• 2 baths• 953 sqft
Description
This 4-level split is the perfect family home, ideally located in a quiet area close to Legacy Park. The open-concept main floor features a bright kitchen, dining, and living space with a spindle staircase leading to two spacious bedrooms and a full bath, while the third level offers another bedroom and bathroom. The fourth level is open for future development and already has a separate entrance, making it ideal for a suite with space for a kitchen, dining, and living area. This home includes a tankless hot water heater, central air and a dual-zone furnace. Outside, you’ll find a concrete patio, sidewalk, and double parking pad, with all kitchen appliances plus washer and dryer included—making this a move-in ready home in an excellent location. (id:39198)
Facts & Features
● Building Type
House
● Year built
2011
● Square Footage
953 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Blackwolf 1
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Partial
● Parking Type
--
● Time on REALTOR.ca
16 days
Brokerage Name: 2 PERCENT REALTY
Home price
$405,000
Initial Deposit
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Your Monthly Payment
$3,679/month
The payment includes
Rent
$3,167
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$512
Each month, $512 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$468,838
Cumulative Down Payment
$23,442
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,442
Buyback Price
$425,250
Cumulative Down Payment
$11,147
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,147
Buyback Price
$446,513
Cumulative Down Payment
$17,295
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,295
Buyback Price
$468,838
Cumulative Down Payment
$23,442
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,442
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
$3,679/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 payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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