1108 10 Avenue North


Lethbridge, Alberta T1H1K1

5 beds• 3 baths• 2,671 sqft

Description

A solid opportunity in a quiet northside location. This 2,265 sq. ft. semi-detached property offers two above-grade illegal suites, providing flexibility for multi-generational living or the option to retain a tenant and offset costs. The upper level features a bright and spacious three-bedroom unit with an updated kitchen and bathroom, hardwood flooring, a 3-piece ensuite in the primary bedroom, and a private front terrace. There is also a dedicated parking pad for three vehicles, along with a front storage/garage space ideal for bikes, tools, and seasonal items. The lower two-bedroom unit is currently occupied by a long-term tenant who would be happy to stay. This also sits above grade, creating a comfortable living experience without the feel of a traditional basement. It includes its own private yard and parking for three vehicles. Additional highlights include newer appliances and countertops, a rebuilt upper deck off the primary bedroom, and a large storage shed with an overhead door for yard equipment and storage needs. Conveniently located near schools, transit, and quick access to Scenic Drive, offering easy connectivity to the entire city. A rare and practical opportunity—book your showing with your REALTOR® today. (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

Duplex

● Year built

1979

● Square Footage

2,671 sqft

● Stories

2

● Bedrooms

5

● Bathrooms

3

● Parking

6

● Neighbourhood

St Edwards

● Land size

--

● Heating type

Forced air

● Basement type

None

● Parking Type

--

● Time on REALTOR.ca

115 days

Home price

$424,750

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$3,867/month

The payment includes

Rent

$3,323

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$544

Each month, $544 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:

1 year2 years3 years
Year 3

Buyback Price

$491,701

Cumulative Down Payment

$24,585

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$19,585

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

$3,867/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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