42 Ridgewood Boulevard West
Lethbridge, Alberta T1K6B9
4 beds• 4 baths• 2,005 sqft
Description
Location! Square footage! Room to grow! This property checks boxes! Located in the prestigious Ridgewood Neighborhood on a street that has hardly any passing traffic! This superbly built one and a half story home gives you not only prime Real Estate, but lots of space for you and your family to spread out! Over 2000 ft.² with three bedrooms on the upper level and a total of four bathrooms. The Home has had updates to windows, flooring, paint, bathroom, furnace, and more! Do you need a 5th bedroom? Pretty easy to add one! At the current price there is plenty of room to put your own touches to the property and still come out way ahead! Why pay close to 600K when you can perfect this one for much less! Put this one on your list! Call your realtor and BUY it today! (id:39198)
Facts & Features
● Building Type
House
● Year built
1987
● Square Footage
2,005 sqft
● Stories
1.5
● Bedrooms
4
● Bathrooms
4
● Parking
4
● Neighbourhood
Ridgewood
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
72 days
Home price
$509,900
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
$4,803/month
The payment includes
Rent
$3,997
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$806
Each month, $806 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
$590,273
Cumulative Down Payment
$34,027
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,027
Buyback Price
$535,395
Cumulative Down Payment
$14,676
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,676
Buyback Price
$562,165
Cumulative Down Payment
$24,352
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,352
Buyback Price
$590,273
Cumulative Down Payment
$34,027
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,027
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
$4,803/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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