9 Sheridan Road West
Lethbridge, Alberta T1K4L6
3 beds• 1 bath• 750 sqft
Description
Excellent first home/Investment property, three bedrooms finished basement, front and back off street parking, half a block from Nicholas Sheran Park, close to schools, bus routes. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1977
● Square Footage
750 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
1
● Parking
3
● Neighbourhood
Varsity Village
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
53 days
Home price
$287,800
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
$2,622/month
The payment includes
Rent
$2,298
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$324
Each month, $324 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
$333,164
Cumulative Down Payment
$16,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,658
Buyback Price
$302,190
Cumulative Down Payment
$8,886
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,886
Buyback Price
$317,300
Cumulative Down Payment
$12,772
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,772
Buyback Price
$333,164
Cumulative Down Payment
$16,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,658
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
$2,622/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
Recently Listed Homes in Lethbridge, AB
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.