504 Anderson Drive
Cornwall, Ontario K6H5N3
3 beds• 1 bath• 6,430 sqft
Description
This well maintained all brick bungalow is located in a great Cornwall neighbourhood, close to several schools, parks, shopping and everyday amenities. This inviting 3 bedroom home offers plenty of room for the whole family, with a bright, open-concept main floor that's perfect for everyday living and spending time together. Downstairs, the fully updated wide open basement provides even more living space, ideal for a family room, entertaining guests or simply just hanging out. Outside, the ample sized, mostly fenced backyard is a great place for kids and pets to play while the ground level deck and gazebo offer the perfect setting for summer barbecues or quiet evenings outdoors. A detached single garage and carport provide added convenience and additional storage. Many updates have been done over the years including windows (2010), shingles (2014), interior doors (2015), gas furnace (2016), water heater and front porch (2019) and plenty of other cosmetic items. With central air, a great layout and plenty of space both inside and out, this home offers the comfort, convenience and location that families are looking for. Come see all that this wonderful property has to offer! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
6,430 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
5
● Neighbourhood
717 - Cornwall
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, N/A
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$439,900
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
$4,024/month
The payment includes
Rent
$3,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$581
Each month, $581 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
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
Buyback Price
$461,895
Cumulative Down Payment
$11,975
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,975
Buyback Price
$484,990
Cumulative Down Payment
$18,949
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,949
Buyback Price
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
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
$4,024/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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