Lethbridge, Alberta T1K4M7
3+1 beds• 3 baths• 1,243 sqft
A picture-perfect bungalow meticulously kept and only 1 block from Nicholas Sheran Park! Located in a quiet cul-de-sac and boasting complete main floor laundry room, living, this 4 bed, 2.5 bath home enjoys a long list of perks. With a west-facing front patio that welcomes you to this home, it sets the stage for the cozy and charming vibe. Inside, you're greeted by a warm living room with gorgeous hardwood floors, an eat-in kitchen that offers access to the covered deck, main floor laundry room, 4 piece bathroom and 3 bedrooms, including your primary suite. The primary has a custom walk-in closet and 2 piece ensuite! The main floor conveniently wraps around - great for chasing the kids or grandkids around! The finished basement offers a large family room, complete with dry bar (plumbed to easily add sink) and wood burning fireplace, that extends to a flex space that could operate as an office, gym, you name it! Flanked by a 3 piece bathroom, storage space and a fourth bedroom, this home offers a functional floor plan and double garage. The backyard is really where this home stands apart - with underground sprinklers and a built-in misting system for the garden beds, you'll find it only gets better once you enjoy the patio with gazebo, pond with fountain and the east-facing yard means you'll be able to enjoy plentiful time outside! (id:39198)
Home price
$489,900
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
$4,581/month
The payment includes
Rent
$3,839
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$742
Each month, $742 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
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
Buyback Price
$514,395
Cumulative Down Payment
$13,904
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,904
Buyback Price
$540,115
Cumulative Down Payment
$22,808
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,808
Buyback Price
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
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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next steps toward homeownership.