2618 20 Avenue South
Lethbridge, Alberta T1K1G7
2 beds• 2 baths• 1,156 sqft
Description
This well-constructed Bartel-built bungalow is ideally located near shopping, restaurants, The Movie Mill, and directly across from parks and a green strip. Lovingly maintained by the current owner, the home offers three bedrooms (two up), including an exceptionally large primary suite, along with two full bathrooms. The spacious main floor is complemented by a fully developed basement, providing additional living space highlighted by a large family room with a corner gas fireplace. Outside, you’ll appreciate ample parking with a covered carport leading to an enclosed workshop, plus a fully landscaped and fenced 50 X 110 lot that’s ideal for families, pets, entertaining, or hobbies. A separate side entrance offers potential for a future (illegal) basement suite. Recent updates include some PVC windows, upgraded furnace and hot water tank, laminate flooring, fresh paint, and central air conditioning. With rear lane access and possible room to add a detached garage, this home presents excellent long-term value. Bring your own design ideas to the kitchen and bathrooms and make this green-strip property your own. (id:39198)
Facts & Features
● Building Type
House
● Year built
1965
● Square Footage
1,156 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
4
● Neighbourhood
Agnes Davidson
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
1 day
Brokerage Name: RE/MAX REAL ESTATE - LETHBRIDGE
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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
$3,630/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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