Lethbridge, Alberta T1H3S8
3+1 beds• 3 baths• 1,325 sqft
Just in time for Halloween... a house with great bones and tons of potential! This 1325 sf bungalow includes a 260 sf 3-season sunroom the overlooks the back yard, 3 bedrooms on the main floor (the primary has a 2 piece ensuite and built in storage plus separate access to the sunroom), a cozy living room with gas fireplace complete with a wall to wall brick surround, a separate dining space with tons of great built ins and another full bath with a soaker tub. The basement in mostly finished (just needs flooring & baseboards) and features a huge 24' x 22' family room with another gas fireplace, charming wood ceilings and walls plus another 4 piece bath with a tub and a large 4th bedroom/office (the window does not meet egress requirements). The extra ong driveway provides parking for 2 and could potentially be used for RV parking if desired and the large fenced yards hosts a rustic shed and plenty of space for kids or pets to roam. Situated in a convenient location close to many amenities, this home offers endless potential and is ready for new owners! (id:39198)
Home price
$345,000
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
$3,107/month
The payment includes
Rent
$2,692
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$416
Each month, $416 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
$399,381
Cumulative Down Payment
$19,969
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,969
Buyback Price
$362,250
Cumulative Down Payment
$9,990
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,990
Buyback Price
$380,363
Cumulative Down Payment
$14,979
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,979
Buyback Price
$399,381
Cumulative Down Payment
$19,969
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,969
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.