406 20 Street North
Lethbridge, Alberta T1H3N1
2 beds• 2 baths• 1,329 sqft
Description
What a great opportunity to own this 5 bedroom, 2 bathroom bungalow within walking distance to two schools & Westminster pool! Situated on a large corner lot, this property features hardwood flooring, an electric fireplace in the living room, a spacious dining nook and kitchen with pantry & Island. There are two large bedrooms on the main floor along with a four piece bath and a whole home cooling fan. There is a separate side entrance and a basement SUMMER KITCHEN! This one could easily be suited with its common laundry area and additional washer hookups in the summer kitchen. The basement has a large family room and three more spacious bedrooms including the current primary bedroom with 3-piece ensuite. Updates over the years include windows, doors, and the vinyl siding. The shingles were re-done in 2010 and half were replaced again in 2021. An extra large (24 x 14) single attached garage, some new fencing along with some brick fencing and RV parking help complete this package! Do not miss out on this one! (id:39198)
Facts & Features
● Building Type
House
● Year built
1955
● Square Footage
1,329 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
3
● Neighbourhood
Westminster
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: Royal Lepage South Country - 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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