1717 5a Avenue North


Lethbridge, Alberta T1H0R1

2 beds 1 bath 935 sqft

Description

An excellent opportunity in the established Westminster neighbourhood! Whether you're looking to enter the housing market or searching for a property with future potential, this 2-bedroom, 1-bathroom home has plenty to offer.The main floor features a comfortable living room, spacious kitchen, and separate dining area, providing a functional layout for everyday living. The sellers have been making updates and improvements throughout the home, with some finishing work still underway. **The agreed-upon finishing work is included in the asking price and will be completed prior to possession.** Buyers may also have the opportunity to select the upstairs bedroom flooring colour or discuss options to complete some of the work themselves.The unfinished basement offers additional storage and potential for future development, allowing you to make the most of the space as your needs change.One of the property's standout features is the generous 7,596 sq. ft. lot with alley access, offering plenty of outdoor space and possibilities for the future.Conveniently located near schools, parks, shopping, restaurants, and everyday amenities, this home combines an established neighbourhood with an opportunity to make it your own.With improvements underway, finishing work included, and a fantastic lot, this property is well worth a look. Explore the possibilities and take the next step toward homeownership! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1949

● Square Footage

935 sqft

● Stories

1.5

● Bedrooms

2

● Bathrooms

1

● Parking

2

● Neighbourhood

Westminster

● Land size

--

● Heating type

Forced air

● Basement type

Unfinished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$299,900

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

$2,739/month

The payment includes

Rent

$2,396

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

Monthly Savings

$343

Each month, $343 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

$347,172

Cumulative Down Payment

$17,359

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$12,359

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

$2,739/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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Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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