2201 13 Avenue South
Lethbridge, Alberta T1K0S6
4 beds• 2 baths• 1,657 sqft
Description
Opportunity knocks in the desirable Agnes Davidson community! This corner lot location gives you a front-row seat to the Assumption School field and is just minutes from Gilbert Paterson, parks, and nearby amenities in a well-established mature neighborhood.This home offers 4 bedrooms, 2 bathrooms, and plenty of potential for a buyer looking to make it their own. The main floor features a kitchen with quartz countertops, along with great space to enjoy the kitchen, dining, and living areas. Downstairs, the large basement provides added flexibility for future development, storage, or extra living space.There is also an opportunity for a future 1-bedroom illegal suite with a separate entry, giving buyers more options to consider. Big-ticket updates include the roof, completed approximately 4 years ago, along with a brand new furnace and central A/C.Outside, the oversized detached garage and ample parking add even more value to this property. If you have been looking for a home with space, and future potential in a great southside location, this one is worth a look. (id:39198)
Facts & Features
● Building Type
House
● Year built
1956
● Square Footage
1,657 sqft
● Stories
1
● Bedrooms
4
● Bathrooms
2
● Parking
6
● Neighbourhood
Agnes Davidson
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: RE/MAX REAL ESTATE - LETHBRIDGE
Home price
$439,900
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
$4,024/month
The payment includes
Rent
$3,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$581
Each month, $581 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
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
Buyback Price
$461,895
Cumulative Down Payment
$11,975
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,975
Buyback Price
$484,990
Cumulative Down Payment
$18,949
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,949
Buyback Price
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
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
$4,024/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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