2911 47 Street South
Lethbridge, Alberta T1K8L4
1+1 beds• 3 baths• 968 sqft
Description
Discover modern townhome living in the heart of Lethbridge’s vibrant Southbrook community. Soho South offers a prime location within walking distance of shopping, dining, everyday amenities, and more. The community is also conveniently located just one block from the new Robert Paxton Elementary School and only a five-minute drive to Lethbridge College. This 2 bed 3 bath townhouse features a bright, open-concept design with expansive ceilings and big windows. The upper level hosts the primary bedroom with 3 piece ensuite. The fully developed basement extends your living space with an additional family room, bedroom, and full bathroom. This unit also includes a fully fenced yard, parking pad in the back, U/G sprinklers and A/C. (id:39198)
Facts & Features
● Building Type
Row / Townhouse
● Year built
2024
● Square Footage
968 sqft
● Stories
2
● Bedrooms
1+1
● Bathrooms
3
● Parking
3
● Neighbourhood
Discovery
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
71 days
Home price
$429,999
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
$3,917/month
The payment includes
Rent
$3,365
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$552
Each month, $552 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
$497,778
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
Buyback Price
$451,499
Cumulative Down Payment
$11,630
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,630
Buyback Price
$474,074
Cumulative Down Payment
$18,259
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,259
Buyback Price
$497,778
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
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
$3,917/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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