Cornwall, Prince Edward Island C0A1H5
3+1 beds 3 baths null
Living here means you get the best of both worlds: ideal convenient location in the heart of Cornwall but with the privacy and lot that you typically only get from country-living! Welcome to 100 Madison Ave, Cornwall. The back yard alone will make you want this home - It is arguably the best lot and back yard in the entire neighborhood. Enjoy two separate decks; 1.) the main deck off the dining area is large and private, and has well built stairs down to the private back yard, 2.) the private deck off the primary can only be accessed from the primary bedroom, making it an ideal peaceful oasis to escape and enjoy year round. The fire-pit and fenced back yard surrounded by mature trees makes entertaining and family-time extra enjoyable. The home itself is barely 10 years old, 4 bedrooms/3 full baths (3 bedrooms on upper level, 1 on lower level), Primary bedroom boasts a large walk-in closet, ensuite bath and private deck + hot-tub, double attached garage, large laundry room on the lower level, beautiful open concept living/dining/kitchen area, good sized bedrooms and updated bathrooms. Other features that will make you love this property: -No through traffic (the house sits on the dead-end part of the street). -Large windows letting in plenty of natural light. -Newer high-end stainless steel appliances. -Countless updates and improvements over the past few years. -A new large shed with high sloped ceilings. -Extra wide gate on rear fence allowing easy access for mowers or all-terrain vehicles. -Smart-home compatible/set-up. -The home and yard have been very well maintained. -Location, location, location + privacy, privacy, privacy! Move in and enjoy your turn-key home right away. Convenient location in the heart of Cornwall, close to all conveniences, and walking distance to the APM centre (walking track, rink, gym), Cornwall town hall, RCMP detachment. *All measurements are approximate and should be verified by the pur (id:39198)
● Building Type
House
● Year built
2016
● Square Footage
null
● Stories
--
● Bedrooms
3+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Cornwall
● Land size
--
● Heating type
Baseboard heaters, Electric, Heat Recovery Ventilation (HRV), Wall Mounted Heat Pump
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$599,999
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
$5,806/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.
Here is the final price if I buy the house after:
Buyback Price
$694,574
Cumulative Down Payment
$44,457
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,457
Buyback Price
$629,999
Cumulative Down Payment
$18,152
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,152
Buyback Price
$661,499
Cumulative Down Payment
$31,305
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,305
Buyback Price
$694,574
Cumulative Down Payment
$44,457
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,457
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.