721 6 Street South
Lethbridge, Alberta t1j2e5
4 beds• 2 baths• 1,621 sqft
Description
Beautifully Updated Home in the Heart of London RoadWelcome to this charming and meticulously maintained home in the highly desirable London Road neighborhood of South Lethbridge. Blending timeless character with modern comfort, this property has been extensively updated over the past decade, including upgrades to the electrical, plumbing, heating systems, kitchen, bathrooms, appliances, and fresh paint throughout.The functional floor plan offers a spacious primary bedroom on the main level with convenient access to a full 4-piece bathroom, providing an excellent option for single-level living. Upstairs, you'll find three generously sized bedrooms, creating plenty of space for a growing family, guests, or a dedicated home office setup.The basement features a solid concrete foundation and abundant dry storage space, perfect for keeping seasonal items, hobbies, and household essentials neatly organized.With all the major improvements already completed, this move-in-ready home offers peace of mind and exceptional value. An outstanding opportunity to enjoy life in one of Lethbridge's most established and sought-after historic communities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1909
● Square Footage
1,621 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
2
● Parking
2
● Neighbourhood
London Road
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Partial
● Parking Type
--
● Time on REALTOR.ca
97 days
Home price
$350,000
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
$3,155/month
The payment includes
Rent
$2,731
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
Buyback Price
$367,500
Cumulative Down Payment
$10,086
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,086
Buyback Price
$385,875
Cumulative Down Payment
$15,172
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,172
Buyback Price
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
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
$3,155/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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