Home Rent-to-Own Listings Clarencerockland, Ontario 11 Alexander Street

11 Alexander Street

Clarence-Rockland, Ontario K4K1K7

3+1 beds• 2 baths• 20,148 sqft

Description

Welcome to a charming 3+1 bedroom bungalow situated on an expansive 3/4-acre lot, just minutes from Rockland. Offering the perfect combination of comfort, privacy, and country-style living, this inviting home features a functional layout with attractive hardwood, tile, and mixed flooring throughout. Enjoy the warmth and character of the cozy four-season sunroom, complete with a woodstove, providing an ideal retreat for year-round relaxation while overlooking the surrounding property. The fully finished lower level offers additional living space, including a fourth bedroom and full bathroom, perfect for extended family, overnight guests, or a home office. Step outside to discover a beautifully landscaped property featuring a private backyard, decorative pond, and stunning rock garden, creating a peaceful outdoor setting ideal for entertaining or simply enjoying nature. Surrounded by mature greenery, this generous property offers exceptional space for outdoor activities and relaxation. Move-in ready and conveniently located near Rockland's shopping, restaurants, schools, and everyday amenities. Seller to re-shingle the roof. A wonderful opportunity to enjoy spacious bungalow living on a picturesque property with plenty of room to grow. Don't miss this exceptional offering! (id:39198)

Facts & Features

● Building Type

House

● Year built

● Square Footage

20,148 sqft

● Stories

● Bedrooms

3+1

● Bathrooms

● Parking

● Neighbourhood

607 - Clarence/Rockland Twp

● Land size

● Heating type

Forced air, Oil

● Basement type

Finished, Full

● Parking Type

● Time on REALTOR.ca

0 days

Home price

$599,900

Calculate my rent-to-own affordability

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

$5,805/month

The payment includes

Rent

$4,710

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

Monthly Savings

$1,096

Each month, $1,096 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

$694,459

Cumulative Down Payment

$44,446

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$39,446

Year 1

Buyback Price

$629,895

Cumulative Down Payment

$18,149

• Initial Deposit

$5,000

• Monthly Savings x 12 months

$13,149

Year 2

Buyback Price

$661,390

Cumulative Down Payment

$31,297

• Initial Deposit

$5,000

• Monthly Savings x 24 months

$26,297

Year 3

Buyback Price

$694,459

Cumulative Down Payment

$44,446

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$39,446

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

$5,805/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!

Calculate my rent-to-own affordability See Qualified Home Criteria

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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