Cornwall, Ontario K6H7A1
3+1 beds• 2 baths• 3,221 sqft
Welcome to this well-kept semi-detached bungalow tucked away on a quiet crescent in one of Cornwall's desirable neighbourhoods. With 3+1 bedrooms, 2 bathrooms and a fully finished basement, this home offers plenty of space and flexibility for families, first-time buyers or anyone looking for a little extra room. The main floor features a practical layout with 3 bedrooms and a galley style kitchen which opens up to the eating and living areas while the finished lower level provides additional living space currently used as a fourth bedroom plus a second bathroom. With some modifications, the basement could also offer the potential for an in-law suite or a separate self-contained unit, making this an interesting option for extended families or buyers looking to explore rental income possibilities. Outside, the mostly fenced backyard offers a great place for kids, pets or summer gatherings, with a storage shed for added convenience. Located close to schools and everyday amenities, this home combines a great location with plenty of possibilities. Whether you're looking for a comfortable family home or a property with future income potential, this one is well worth a look! (id:39198)
Home price
$379,000
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
$3,431/month
The payment includes
Rent
$2,961
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$470
Each month, $470 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
$438,740
Cumulative Down Payment
$21,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,937
Buyback Price
$397,950
Cumulative Down Payment
$10,646
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,646
Buyback Price
$417,848
Cumulative Down Payment
$16,291
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,291
Buyback Price
$438,740
Cumulative Down Payment
$21,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,937
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.