7 Park Street
Cornwall, Ontario K6H1K1
2 beds• 1 bath• 5,625 sqft
Description
Welcome to 7 Park Street! Freshly updated, vacant, and ready for its next owner, this charming 2-bedroom, 1-bathroom home offers an excellent opportunity for first-time buyers, downsizers, or investors. Situated on an oversized lot in a convenient location near St. Lawrence College and the beautiful St. Lawrence River, this well-maintained home has recently been freshly painted throughout, professionally cleaned from top to bottom, and updated with new kitchen countertops. Inside, you'll find warm hardwood flooring, a bright and spacious living room, and a functional kitchen with ample cabinetry and a comfortable dining area. Upstairs features two generously sized bedrooms and a full bathroom. The welcoming front porch is the perfect spot to enjoy your morning coffee, while the oversized yard provides plenty of room for gardening, entertaining, or simply enjoying the outdoors. Conveniently located close to schools, shopping, amenities, and scenic waterfront access, this property offers comfort, convenience, and great potential. With the home now vacant and ready for immediate occupancy, there's nothing stopping you from making it your own! Some photos have been virtually staged. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
5,625 sqft
● Stories
2
● Bedrooms
2
● Bathrooms
1
● Parking
2
● Neighbourhood
717 - Cornwall
● Land size
--
● Heating type
Baseboard heaters, Electric
● Basement type
Unfinished, Crawl space
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$309,000
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
$2,765/month
The payment includes
Rent
$2,407
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$358
Each month, $358 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
$357,706
Cumulative Down Payment
$17,885
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,885
Buyback Price
$324,450
Cumulative Down Payment
$9,295
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,295
Buyback Price
$340,673
Cumulative Down Payment
$13,590
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,590
Buyback Price
$357,706
Cumulative Down Payment
$17,885
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,885
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
$2,765/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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