337 Somerset Row Southeast


Medicine Hat, Alberta T1B0H2

3 beds 4 baths 1,464 sqft

Description

Welcome home to this beautifully maintained semi, where thoughtful updates and smart design come together. The bright, open concept main floor is made for everyday living and easy entertaining, anchored by a gorgeous kitchen with a pantry, tons of quartz counter space, and a stainless steel appliance package. Main floor laundry adds everyday convenience. Upstairs, you’ll find three bedrooms, including a spacious primary suite with a private ensuite and walk-in closet. The fully developed basement expands your living space with a dedicated gym and workout area, a full bathroom, and plenty of storage. Step outside to a private, fully fenced yard featuring vinyl fencing on a concrete curb, underground sprinklers, updated concrete pathways, and out front is additional parking. This is an easy to maintain yard. Lock and leave is very possible. The garage is insulated, finished and ready for heat, with tons of built-in shelving to keep everything organized. Fresh paint and newly replaced flooring throughout most of the home mean all the hard work is done for you. Move in ready! Picture the holidays here. Book your private showing today and be settled in before Christmas! (id:39198)

Facts & Features

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● Building Type

Duplex

● Year built

2008

● Square Footage

1,464 sqft

● Stories

2

● Bedrooms

3

● Bathrooms

4

● Parking

3

● Neighbourhood

Southland

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$398,900

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

$3,621/month

The payment includes

Rent

$3,118

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

Monthly Savings

$502

Each month, $502 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

$461,777

Cumulative Down Payment

$23,089

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$18,089

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

$3,621/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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Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.