248 Ferry Road
Cornwall, Prince Edward Island C0A1H4
3 beds• 3 baths• null
Description
Here's another great semi detached newly completed in Cornwall. This modern, trendy two story has lots of square footage for any size family. The main floor consists of a great open concept with large black windows for a beautiful bright living room kitchen and dining. Upstairs you will find an extra-large master bedroom with a nice sitting area and large walk in closet. The master also has a great ensuite bath. There is also two other great size bedrooms and another full bath and a second floor laundry. These units have a full undeveloped basement for more square footage. Exterior has a great mix of vinyl, steel and stone siding. All measurements are approximate and to be verified by the Purchaser if deemed necessary. Listing agent is part owner. (id:39198)
Facts & Features
● Building Type
House
● Year built
2026
● Square Footage
null
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Cornwall
● Land size
--
● Heating type
Baseboard heaters, Electric, Wall Mounted Heat Pump
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
231 days
Home price
$489,000
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
$4,571/month
The payment includes
Rent
$3,832
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$739
Each month, $739 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
$566,079
Cumulative Down Payment
$31,608
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,608
Buyback Price
$513,450
Cumulative Down Payment
$13,869
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,869
Buyback Price
$539,123
Cumulative Down Payment
$22,739
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,739
Buyback Price
$566,079
Cumulative Down Payment
$31,608
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,608
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
$4,571/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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