21 Lafayette Crescent
Lethbridge, Alberta T1K4B5
4+2 beds• 4 baths• 1,422 sqft
Description
WOW, talk about the perfect home for a growing family, SIX BEDROOMS, FOUR BATHROOMS, located right across from Lafayette Park, this fully renovated home is extremely functional for a large family or a family that might want to rent out a couple of rooms on the lower level to students, this home has a private entrance and is located just a short walk from the university. It features a large driveway with covered parking, a single detached garage as well as lots of front street parking. The dining area features a sliding door onto a covered deck for those outdoor family gatherings. Buyer to accept Title Insurance in lieu of RPR. (id:39198)
Facts & Features
● Building Type
House
● Year built
1976
● Square Footage
1,422 sqft
● Stories
--
● Bedrooms
4+2
● Bathrooms
4
● Parking
1
● Neighbourhood
Varsity Village
● Land size
--
● Heating type
Forced air, Other
● Basement type
Finished, Full, Walk-up
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$499,400
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
$4,687/month
The payment includes
Rent
$3,914
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$773
Each month, $773 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
$578,118
Cumulative Down Payment
$32,812
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,812
Buyback Price
$524,370
Cumulative Down Payment
$14,271
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,271
Buyback Price
$550,589
Cumulative Down Payment
$23,541
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,541
Buyback Price
$578,118
Cumulative Down Payment
$32,812
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,812
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
$4,687/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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