2120 6 Avenue North


Lethbridge, Alberta T1H0V3

2+1 beds 2 baths 835 sqft

Description

OPPORTUNITY KNOCKS! FIXER UPPER WITH GREAT POTENTIAL!Looking for a property with potential in a convenient location? This solid home sits on a quiet street with a large lot, detached garage and plenty of room to explore adding another garage while still leaving space to enjoy the yard. Whether you're looking for your next renovation project, an investment opportunity or a home you can update to your own taste, this one is worth a look!The main floor offers a functional layout with 2 bedrooms, a full bathroom and beautiful hardwood flooring. This has been a well-loved home for its elderly owner for many years, and with some vision and updating, there is an opportunity to bring it back to its full potential.Downstairs, you'll find a kitchenette, an additional bedroom and another full bathroom, offering extra flexibility for your living arrangements. The layout provides plenty to work with as you consider how best to use the space.The location is another major advantage! Conveniently located close to schools, parks, coffee shops, fast food, restaurants and other everyday amenities, with easy access to the industrial area for work and commuting.QUIET STREET. LARGE LOT. DETACHED GARAGE. 3 BEDROOMS. 2 FULL BATHROOMS. BASEMENT KITCHENETTE. HARDWOOD FLOORING. RENOVATION POTENTIAL.The home is dated but solid, and the opportunity is here to bring your ideas, roll up your sleeves and unlock the potential. Bring your vision and make this one your own! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1960

● Square Footage

835 sqft

● Stories

1

● Bedrooms

2+1

● Bathrooms

2

● Parking

2

● Neighbourhood

Westminster

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$275,000

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

$2,497/month

The payment includes

Rent

$2,194

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

Monthly Savings

$303

Each month, $303 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

$318,347

Cumulative Down Payment

$15,917

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$10,917

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

$2,497/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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.