Medicine Hat, Alberta T1A5R3
2 beds 3 baths 1,624 sqft
This Gorgeous Bungalow has been completely renovated while still maintaining all of the character and charm that make these homes so special! Situated on a lovely street along with some of the cities most beautiful character homes. This home welcomes you in to a light filled front entry that leads to the large living room with stunning wood beamed ceiling detail and a stone fireplace that anchors the space, flowing into the large formal dining room that also showcases the ceiling beams and wood plank with open access to the large kitchen. Fully updated with cabinetry that offers a modern yet timeless feel, the kitchen has plenty of counter space, updated appliances, desk nook, coffee bar, and large glass patio doors that lead out to the large 3 season sunroom; this is the absolute perfect place for your morning coffee or a lazy day with your favourite book! A cute main floor laundry room is tucked away at the end of the hallway and includes a sink for quick wash ups. The primary bedroom could be your own private retreat with loads of space for a king sized bed and other furniture, a walk through closet and beautifully updated 3 piece ensuite with walk-in shower. Also on the main, you will find the most charming second bathroom with clawfoot tub, and the second bedroom. The finished basement is as spotless as the rest of the home and includes and craft/office nook, the third full 3 piece bathroom, a cozy den, and ample storage. The cute attic space isn't currently heated, but could be further updated to use as an extension of your living space, or simply use it for additional storage. Step outside to the most beautiful yard with a new fence surrounding the oversized lot, green lawn, garden space, trees, patio and storage shed built right in to the side of the house. In addition to the front driveway, there is loads of parking space in the back and room to build your future dream triple or double garage! This home has been meticulously renovated and cared fo r to bring it up to modern day standards and comfort, all while making sure to retains the charm of days gone by. Gorgeous original details like the stone on the exterior and fence are things you won't find on just any home! Not only has this home been extensively renovated inside and out, all major systems such as furnace, air conditioner, plumbing and electrical have also been updated. You don't want to miss this one! (id:39198)
Home price
$479,900
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
$4,469/month
The payment includes
Rent
$3,760
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$710
Each month, $710 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
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
Buyback Price
$503,895
Cumulative Down Payment
$13,518
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,518
Buyback Price
$529,090
Cumulative Down Payment
$22,036
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,036
Buyback Price
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
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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next steps toward homeownership.