1207 41 Avenue North
Lethbridge, Alberta T1H6B3
1 bed• 1 bath• 570 sqft
Description
DEVELOPERS, FIRST-TIME BUYERS & INVESTORS — THIS ONE IS FOR YOU!Fantastic opportunity in Hardieville! Situated on a 120’ x 50’ lot, this property features a 24’ x 24’ detached, insulated and heated garage — a rare find at this price point.The garage offers 220V power, a dust-management system and all necessary permits pulled, making it an incredible space for a hobbyist, tradesperson, car enthusiast or year-round workshop. There is also additional off-street parking and room for an RV.The possibilities are endless: live in it, renovate it, use it as a revenue property, or start fresh and build your dream home. This is an opportunity to create something that works for you while taking advantage of the lot, garage and parking.Recent updates include the house roof 2 years ago, garage and 8’ x 12’ shed roofs 4 years ago, plus a newer washer, dryer, hot water tank, toilet, stove and some windows.Located in the quiet community of Hardieville, this is a property with value, flexibility and serious potential.Make it your first home. Make it an investment. Make it your own.It all starts with a call to your favourite REALTOR®. (id:39198)
Facts & Features
● Building Type
House
● Year built
1953
● Square Footage
570 sqft
● Stories
1
● Bedrooms
1
● Bathrooms
1
● Parking
8
● Neighbourhood
Legacy Ridge / Hardieville
● Land size
--
● Heating type
Central heating
● Basement type
Crawl space
● Parking Type
--
● Time on REALTOR.ca
34 days
Home price
$245,000
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
$2,305/month
The payment includes
Rent
$2,050
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$255
Each month, $255 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
$283,618
Cumulative Down Payment
$14,181
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,181
Buyback Price
$257,250
Cumulative Down Payment
$8,060
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,060
Buyback Price
$270,113
Cumulative Down Payment
$11,121
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,121
Buyback Price
$283,618
Cumulative Down Payment
$14,181
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,181
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
$2,305/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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