1907 7a Avenue North
Lethbridge, Alberta T1H0Z8
2 beds• 2 baths• 1,369 sqft
Description
This north side home is anything but your average bungalow! Filled with upgrades and a unique floor plan to boot, this is a tremendous option for those looking to enjoy movie nights at home. With a new furnace and hot water tank, over sized double garage + front parking pad, permanent lighting and a theatre room, there's a lot to love about this home within walking distance to THREE schools! The main floor enjoys a modern kitchen, open entertaining space, 2 bedrooms, 4 piece bathroom, laundry room and a bonus flex space! The basement offers an additional 2 bedrooms, office, media room, rec room and 3 piece bathroom! There’s a patio which offers great privacy and a 29 x 25 heated detached garage! (id:39198)
Facts & Features
● Building Type
House
● Year built
1960
● Square Footage
1,369 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
4
● Neighbourhood
Westminster
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
7 days
Brokerage Name: Grassroots Realty Group
Home price
$450,000
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 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
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,500
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,125
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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
$4,137/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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Have Questions About Rent-to-Own? Let's Talk.
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