8 Columbia Bay West


Lethbridge, Alberta T1K5A7

2+2 beds• 2 baths• 875 sqft

Description

Welcome to 8 Columbia Bay W, a fantastic opportunity in a location that is hard to beat! Situated directly across from a large greenspace and playground, this home offers the rare benefit of having no neighbor directly in front of you, creating an open and spacious feel from the moment you arrive. Enjoy having green space right across the way, along with walking trails just behind the property for easy access to the outdoors. Inside, this 4 bedroom, 2 bathroom home offers a practical and inviting layout with fresh paint throughout and plenty of potential to make it your own. The main level features a large, open living room that flows seamlessly into the dining area and kitchen, creating a comfortable space for everyday living and entertaining. Downstairs, the large family room provides an excellent additional living space and is truly a blank canvas. Whether you envision a cozy movie room, kids' play area, home gym, office space or a combination of uses, there is plenty of room to create something that works for you. Several important updates have already been taken care of, including newer siding, furnace and water tank, while the previous owner completed the windows as well. This is a home where you can move in and enjoy while continuing to personalize it over time. Outside, you'll find a nice sized fenced and gated yard with a patio platform that provides a great spot for summer evenings, entertaining or simply enjoying your own outdoor space. With no alley, the driveway provides convenient off street parking right at the property. The location is a standout feature. With a park and playground directly across the way, walking trails behind, and everyday amenities close by, you'll have recreation and convenience right at your doorstep. Shopping, restaurants, services and other essentials are all within easy reach, while quick access to major west Lethbridge commute routes makes getting around the city simple. If you're looking for an affordable MOVE IN READY hom e with a great location, valuable updates, outdoor space and plenty of room to make it your own, 8 Columbia Bay W deserves a look! (id:39198)

Facts & Features

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● Building Type

House

● Year built

1979

● Square Footage

875 sqft

● Stories

--

● Bedrooms

2+2

● Bathrooms

2

● Parking

2

● Neighbourhood

Varsity Village

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

52 days

Home price

$369,900

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

$3,345/month

The payment includes

Rent

$2,889

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

Monthly Savings

$456

Each month, $456 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

$428,205

Cumulative Down Payment

$21,410

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,410

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

$3,345/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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