Lethbridge, Alberta T1H2H2
2 beds• 1 bath• 763 sqft
Perfect for first time buyers, revenue or downsizing, this cute bungalow has plenty to offer. Featuring 2 bedrooms and one bath with previous updates to the kitchen counters & lino, bathroom, laminate flooring & shingles. There's a fully enclosed front entrance, back entrance with lots of storage, sump pump, upgraded plumbing and a one year old hot water tank. Situated on a large lot with a single detached garage, 2 sheds, RV parking and back deck. A quiet location close to schools & shopping make this a great little package! (id:39198)
Home price
$269,900
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
$2,447/month
The payment includes
Rent
$2,152
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$295
Each month, $295 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
Buyback Price
$283,395
Cumulative Down Payment
$8,541
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,541
Buyback Price
$297,565
Cumulative Down Payment
$12,081
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,081
Buyback Price
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.