24 Stanley Avenue
Chatham-Kent, Ontario N7M3J2
3 beds 1 bath 1,500 sqft
Description
THIS HOME IS BEIGN SOLD IN AS IS CONDITION THIS HOME IS IN A PRIME LOCATION. 5 MINUTE WALK FROM TECUMSEH PARK AND THE ARMOURY, THE LEGION FOR FRIDAY DINNER SPECIALS, AND AN 8 MINUTE WALK FROM DOWNTOWN. TO GO TO WORK AT THE NEW HUB AND THE FUTURE CITY HALL, DRUG STORE, RETRO SUITES HOTEL, CAPITOL THEATRE, RESTAURANTS, CHURCH, BANKS, BARS. IT WILL NEED SOME LOVE, BUT THE POTENTIAL IS ENDLESS. IT HAS A HUGE YARD FOR A GROWING FAMILY. SO IF YOU HAVE BEEN LOOKING FOR A PROJECT THAT CAN TURN INTO YOUR DREAM HOME, OR INVESTMENT. (id:39198)
Facts & Features
● Building Type
House
● Year built
1930
● Square Footage
1,500 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
1
● Parking
2
● Neighbourhood
SE
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Crawl space
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$239,900
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
$2,253/month
The payment includes
Rent
$2,006
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$247
Each month, $247 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
$277,714
Cumulative Down Payment
$13,886
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,886
Buyback Price
$251,895
Cumulative Down Payment
$7,962
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,962
Buyback Price
$264,490
Cumulative Down Payment
$10,924
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,924
Buyback Price
$277,714
Cumulative Down Payment
$13,886
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,886
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
$2,253/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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