47 2 Street Northwest


Medicine Hat, Alberta T1A6J2

3 beds• 2 baths• 1,543 sqft

Description

Character, charm, and an incredible location! Welcome to this beautiful two-storey character home, ideally situated on a quiet, tree-lined street in the highly sought-after Riverside neighbourhood. From the moment you arrive, the charm is undeniable, with a welcoming covered wrap-around front porch that sets the tone for everything this home has to offer. Full of warmth and timeless character, this property combines the details buyers love in an older home with the modern conveniences and updates that make everyday living easy.The main floor offers a wonderful blend of traditional charm and functionality, featuring a comfortable living room, a large formal dining room perfect for family gatherings and entertaining, and a good-sized updated kitchen with plenty of room to work and enjoy. At the rear of the home, the finished and insulated porch provides an additional flexible space that could be enjoyed year-round as a sitting area, mudroom, or extra storage.Upstairs, you'll find three generously sized bedrooms, each offering plenty of space and character, along with an updated 4-piece bathroom that beautifully maintains the home's vintage appeal. The highlight is the classic clawfoot tub, adding just the right touch of timeless elegance. The basement provides even more usable space with a family room, convenient 2-piece bathroom, laundry area, and an abundance of storage.Over the years, this home has seen a number of important updates, including the kitchen, bathroom, shingles, some windows, new carpet, and a new garage door and motor. These improvements allow you to enjoy the character and personality of the home while benefiting from the modern touches that matter.Outside, the large lot offers a great-sized yard with plenty of room for gardening, entertaining, relaxing, or enjoying the outdoors. A large single detached garage adds convenience and additional storage.Homes with this much character, charm, and history in such a desirable location are hard to find. Enjoy the quiet, tree-lined streets, the appeal of the Riverside neighbourhood, and the opportunity to own a home that offers the perfect combination of classic character, thoughtful updates, and comfortable modern living. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1913

● Square Footage

1,543 sqft

● Stories

2

● Bedrooms

3

● Bathrooms

2

● Parking

1

● Neighbourhood

Riverside

● Land size

--

● Heating type

Forced air

● Basement type

Partially finished, Full

● Parking Type

--

● Time on REALTOR.ca

1 day

Home price

$349,900

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

$3,154/month

The payment includes

Rent

$2,730

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

Monthly Savings

$424

Each month, $424 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

$405,053

Cumulative Down Payment

$20,253

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$15,253

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

$3,154/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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