Medicine Hat, Alberta T1A6N6
3 beds 2 baths 1,051 sqft
Welcome to a spacious and inviting home in a convenient location backing onto Vincent Massey School. This property offers 3 bedrooms but potential of 5 bedrooms (One bedroom upstairs was converted to an office and the basement bedroom does not meet todays egress) plus 2 full bathrooms. The main 4-piece bathroom has been updated with a new tub, vanity, toilet and flooring. The main floor features a large living room with vaulted ceilings, hardwood flooring, newer interior doors, new light fixtures, and a bright kitchen complete with fridge, stove and dishwasher. The primary bedroom and additional bedroom provide comfortable living space, while the office offers direct access to the back deck. There is an additional flex space in the lower level, along with a large family room. Downstairs bathroom is brand new 3-piece bathroom. The home also features a carport, single detached garage with shingles replaced approximately one year ago, RV parking and additional parking beside the garage. The 16x24 garage is heated. The fully fenced backyard includes underground sprinklers to the front and back left side of the yard, two sheds, and a welcoming outdoor space for enjoying the warmer months. The home has stucco and exterior brick, 100-amp electrical service, a hot water tank from 2019, washer and dryer, new furnace and new central A/C, and fresh paint throughout much of the home over the past two years. The water detectors and smoke detectors (monthly fee) provide added peace of mind. With its generous living space, excellent parking options, updated bathrooms, beautiful fenced yard with walking access to Vincent Massey school right our your back gate, this property offers plenty of potential to make it your own. (id:39198)
Home price
$359,800
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
$3,248/month
The payment includes
Rent
$2,809
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$416,513
Cumulative Down Payment
$20,826
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,826
Buyback Price
$377,790
Cumulative Down Payment
$10,275
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,275
Buyback Price
$396,680
Cumulative Down Payment
$15,550
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,550
Buyback Price
$416,513
Cumulative Down Payment
$20,826
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,826
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
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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