Lethbridge, Alberta T1J0P9
2 beds• 1 bath• 803 sqft
Welcome to 1221 4 Avenue S, a charming bungalow in beautiful London Road. Perfect for first-time buyers, downsizers, or investors, this home offers move-in-ready living with important upgrades already complete. Enjoy peace of mind with a newer furnace, hot water tank, central air conditioning, updated electrical, and roof.Inside, you’ll find a bright, functional layout featuring a modern kitchen with new appliances, two comfortable bedrooms, and a welcoming living space filled with natural light from large windows. The home is thoughtfully designed for easy living, offering both comfort and practicality.Step outside to a private, maintenance-free yard—ideal for relaxing, entertaining, or enjoying outdoor space without the work of a larger property. This is a fantastic opportunity for buyers seeking a low-maintenance home with no major renovations required.Located just minutes from downtown Lethbridge, parks, shopping, schools, and public transit, this property combines location, value, and convenience. Whether you're entering the market or simplifying your lifestyle, 1221 4 Ave S is a must-see. Contact your favourite REALTOR ® today for your private viewing. (id:39198)
● Building Type
House
● Year built
1939
● Square Footage
803 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
1
● Neighbourhood
London Road
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Partial
● Parking Type
--
● Time on REALTOR.ca
21 days
Home price
$279,900
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
$2,545/month
The payment includes
Rent
$2,234
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$311
Each month, $311 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
Buyback Price
$293,895
Cumulative Down Payment
$8,734
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,734
Buyback Price
$308,590
Cumulative Down Payment
$12,467
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,467
Buyback Price
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
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
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
Recently Listed Homes in Lethbridge, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.