1114 12b Street South


Lethbridge, Alberta T1K1S2

2+1 beds• 2 baths• 1,226 sqft

Description

Welcome to this beautifully maintained 3-bedroom home in an idea south side location! The inviting living room features large front windows that fill the space with natural light, hardwood flooring, and a cozy gas fireplace. Hardwood flooring continues into the upstairs bedroom, adding warmth and character. The home’s predominantly cement walls contribute to its solid construction and insulation. A secondary living space at the back of the home offers added flexibility for relaxing, entertaining, or even a fourth bedroom. The fully developed basement provides even more room to spread out, featuring a spacious third bedroom, a 4-piece bathroom, a family room, and a massive storage area in the utility room. Outside, enjoy the beautifully landscaped yard with established perennials, a welcoming front porch, and a back deck with pergola. The mature, private backyard, while the garage, built in 2018, adds everyday convenience. Recent updates include fresh paint throughout the main floor, a freshly stained back deck, a new front storm door, and brand new OTR microwave. The fridge and dishwasher were both replaced just two years ago. With its versatile living spaces, inviting outdoor areas, and central location, this home is a fantastic opportunity. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1950

● Square Footage

1,226 sqft

● Stories

1

● Bedrooms

2+1

● Bathrooms

2

● Parking

2

● Neighbourhood

Fleetwood

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$429,900

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

$3,916/month

The payment includes

Rent

$3,364

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

Monthly Savings

$552

Each month, $552 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

$497,663

Cumulative Down Payment

$24,883

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$19,883

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

$3,916/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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