912 8 Street South
Lethbridge, Alberta T1J2K8
3 beds• 2 baths• 913 sqft
Description
London Road is all about lifestyle, character, and convenience. Located in one of Lethbridge's established neighbourhoods, you'll enjoy being close to downtown, walking paths, schools, amenities, and easy access throughout the city.Whether you're looking to get into homeownership, searching for an investment property, or wanting an opportunity to build some equity over time, this detached home is worth a look. The main floor offers 2 bedrooms, a 4-piece bathroom, a comfortable living room, and kitchen. At the back of the home, you'll find a mudroom/laundry area with access to the crawl space below.Upstairs features a loft-style bedroom with its own 4-piece bathroom, creating a private space that could work well as a primary bedroom, guest area, or flex space depending on your lifestyle needs.Over the years, the home has seen improvements and updates, providing a solid starting point for the next owner. Outside, there is a concrete patio area to enjoy, plus a single detached garage with alley access for parking, storage, or workshop space.If you've been looking for an affordable opportunity in a great location, this London Road property may be the one you've been waiting for. (id:39198)
Facts & Features
● Building Type
House
● Year built
1910
● Square Footage
913 sqft
● Stories
1.5
● Bedrooms
3
● Bathrooms
2
● Parking
1
● Neighbourhood
London Road
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, See Remarks
● Parking Type
--
● Time on REALTOR.ca
146 days
Home price
$289,900
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
$2,642/month
The payment includes
Rent
$2,315
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$327
Each month, $327 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
$335,595
Cumulative Down Payment
$16,780
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,780
Buyback Price
$304,395
Cumulative Down Payment
$8,927
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,927
Buyback Price
$319,615
Cumulative Down Payment
$12,853
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,853
Buyback Price
$335,595
Cumulative Down Payment
$16,780
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,780
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
$2,642/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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