460 Spruce Way Southeast
Medicine Hat, Alberta T1B4L5
2+2 beds 3 baths 1,130 sqft
Description
Welcome to this well constructed 1,130 sq ft bilevel nestled in this sought after Southridge location. Offering 4 bedrooms, 3 bathrooms, this home combines quality workmanship, thoughtful design and comfortable living spaces throughout. The main floor features quality fixtures and a spacious living room with vaulted ceiling and large windows that creates a bright and inviting atmosphere. The country style kitchen offers plenty of cabinetry, a raised eating bar and easy access to the dining area - perfect for entertaining family and friends. Step through the double doors on to the impressive 16'x10' covered deck, where you can relax and enjoy the mature, tree lined backyard. Two bedrooms are located on the main floor, including the primary bedroom with a convenient 3 pc ensuite. The fully developed basement provides even more living space with a large family room, two additional bedrooms and a 3 pc bathroom. This home is complete with a large double, heated garage. A well designed home in a desirable location. (id:39198)
Facts & Features
● Building Type
House
● Year built
1999
● Square Footage
1,130 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
3
● Parking
4
● Neighbourhood
SE Southridge
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
55 days
Home price
$489,900
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
$4,581/month
The payment includes
Rent
$3,839
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$742
Each month, $742 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
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
Buyback Price
$514,395
Cumulative Down Payment
$13,904
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,904
Buyback Price
$540,115
Cumulative Down Payment
$22,808
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,808
Buyback Price
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
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
$4,581/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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