Lethbridge, Alberta T2K5A7
2 beds• 2 baths• 873 sqft
Attention 1st time buyers, University students or those seeking revenue! In a location surrounded by greenspace and beside a playground/park, sits this fully updated, 2 + 2 bedroom, 1.5 bathroom, 4-level split. A newer white kitchen with updated cabinets, countertops & backsplash, updated vinyl plank flooring, bathrooms, windows, & sliding glass patio doors. This one also has new PVC plumbing through-out, an updated furnace, hot water tank, humidifier and the roof on the home has newer shingles. An bright and sunny floorplan with vaulted ceilings, large bedrooms, lots of built-in storage, kitchen pantry, built-in front entry bench and a finished fourth level. The property is fully fenced with a private back yard filled with perennials, an apple tree and a detached carport with attached shed. You can also enjoy your morning coffee in the front yard with the greenspace and trees. Move-in ready and waiting for you! (id:39198)
● Building Type
House
● Year built
1979
● Square Footage
873 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
1
● Neighbourhood
Varsity Village
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
10 days
Home price
$362,500
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
$3,274/month
The payment includes
Rent
$2,830
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$444
Each month, $444 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
$419,639
Cumulative Down Payment
$20,982
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,982
Buyback Price
$380,625
Cumulative Down Payment
$10,327
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,327
Buyback Price
$399,656
Cumulative Down Payment
$15,655
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,655
Buyback Price
$419,639
Cumulative Down Payment
$20,982
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,982
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
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