471 10 Street Southeast
Medicine Hat, Alberta T1A1R2
2 beds• 1 bath• 866 sqft
Description
Welcome to this cozy bungalow located in the desirable SE Hill neighborhood. Offering 3 bedrooms and 1 bathroom, this home is perfect for first-time buyers, downsizers, or anyone looking for a comfortable and functional space.The layout is practical and inviting, making great use of the space and offering a comfortable flow throughout the home. Outside, you’ll find a double detached garage, providing ample parking and storage space.Situated in a convenient location, you’re just minutes from schools, shopping, public transportation, and downtown Medicine Hat, making everyday living easy and accessible.A great opportunity to own in a well-established neighborhood. Don’t miss your chance to make this home yours! (id:39198)
Facts & Features
● Building Type
House
● Year built
1920
● Square Footage
866 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
2
● Neighbourhood
SE Hill
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: EXP REALTY
Home price
$249,900
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
$2,355/month
The payment includes
Rent
$2,092
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$263
Each month, $263 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
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
Buyback Price
$262,395
Cumulative Down Payment
$8,155
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,155
Buyback Price
$275,515
Cumulative Down Payment
$11,310
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,310
Buyback Price
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
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
$2,355/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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Have Questions About Rent-to-Own? Let's Talk.
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