Home Rent-to-Own Listings Medicine Hat, Alberta 65 14 Street Northwest

65 14 Street Northwest

Medicine Hat, Alberta T1A6R5

3+2 beds 2 baths 1,036 sqft

Description

Whether you're searching for your first home or a smart investment opportunity, this well-maintained bungalow is sure to impress! Nestled in a quiet Crescent Heights NW neighbourhood close to schools, parks, shopping, and everyday amenities, this move-in-ready home offers exceptional value with 1036 sq. ft. of comfortable living space. The main floor offers a bright and functional layout with 3 comfortable bedrooms, 4pc bathroom, a spacious living room filled with natural light, and an updated kitchen featuring clean white cabinetry, laminate countertops, a stylish tiled backsplash, stainless steel appliances, and durable vinyl plank flooring. The fully developed basement adds two additional bedrooms, a second bathroom, and plenty of extra living space. Notable updates over the years provide peace of mind, including shingles (2018), vinyl plank flooring (2018), the downstairs bathroom (2021), main floor windows (2021) and kitchen renovations (2022). Outside, you'll appreciate the fully fenced and landscaped yard complete with underground sprinklers, mature trees and shrubs, and a patio area perfect for relaxing or entertaining. The 23' x 14' detached garage is equipped with power and convenient rear lane access. This clean, turnkey property is ready for its next owners to move in and enjoy. (id:39198)

Facts & Features

● Building Type

House

● Year built

1958

● Square Footage

1,036 sqft

● Stories

● Bedrooms

3+2

● Bathrooms

● Parking

● Neighbourhood

Northwest Crescent Heights

● Land size

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

● Time on REALTOR.ca

129 days

Home price

$379,900

Calculate my rent-to-own affordability

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

$3,440/month

The payment includes

Rent

$2,968

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

Monthly Savings

$472

Each month, $472 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

$439,782

Cumulative Down Payment

$21,989

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,989

Year 1

Buyback Price

$398,895

Cumulative Down Payment

$10,663

• Initial Deposit

$5,000

• Monthly Savings x 12 months

$5,663

Year 2

Buyback Price

$418,840

Cumulative Down Payment

$16,326

• Initial Deposit

$5,000

• Monthly Savings x 24 months

$11,326

Year 3

Buyback Price

$439,782

Cumulative Down Payment

$21,989

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,989

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

$3,440/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!

Calculate my rent-to-own affordability See Qualified Home Criteria

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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