1416 18 Street North
Lethbridge, Alberta T1H3H9
1 bed• 3 baths• 1,135 sqft
Description
Nice home. (id:39198)
Facts & Features
● Building Type
House
● Year built
1969
● Square Footage
1,135 sqft
● Stories
1
● Bedrooms
1
● Bathrooms
3
● Parking
5
● Neighbourhood
Winston Churchill
● Land size
--
● Heating type
Natural gas, Central heating
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
2 days
Brokerage Name: Grassroots Realty Group
Home price
$375,000
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
$3,393/month
The payment includes
Rent
$2,929
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$464
Each month, $464 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
$434,109
Cumulative Down Payment
$21,705
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,705
Buyback Price
$393,750
Cumulative Down Payment
$10,568
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,568
Buyback Price
$413,438
Cumulative Down Payment
$16,137
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,137
Buyback Price
$434,109
Cumulative Down Payment
$21,705
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,705
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
$3,393/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
Recently Listed Homes in Lethbridge, AB
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.