1408 12 Avenue South
Lethbridge, Alberta T1K0M9
2+2 beds• 2 baths• 853 sqft
Description
In a well-established South Lethbridge neighborhood, 1408 12 Ave S offers everyday comfort with meaningful upside for the future. This 4-bedroom, 2-bathroom home is move-in ready and well suited to buyers who want a practical layout now with room to add value over time. A separate entrance adds flexibility and creates suite potential with proper permits, whether for extended family, guests, or possible supplemental income.The large yard expands the appeal, offering space for children, pets, gardening, outdoor gatherings, or future improvements. Buyers with an eye for renovation will appreciate the chance to update and personalize the property while building equity in a desirable southside location.Shopping, schools, and services are close by, with Chinook Regional Hospital less than a kilometer away and Lethbridge Polytechnic only a short drive from home for work or study. Quick possession is available for added convenience. (id:39198)
Facts & Features
● Building Type
House
● Year built
1946
● Square Footage
853 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
2
● Parking
2
● Neighbourhood
Agnes Davidson
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
75 days
Home price
$399,999
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
$3,631/month
The payment includes
Rent
$3,127
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$463,049
Cumulative Down Payment
$23,152
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,152
Buyback Price
$419,999
Cumulative Down Payment
$11,051
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,051
Buyback Price
$440,999
Cumulative Down Payment
$17,102
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,102
Buyback Price
$463,049
Cumulative Down Payment
$23,152
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,152
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
$3,631/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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Have Questions About Rent-to-Own? Let's Talk.
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