1512 Frances Ann Avenue
Cornwall, Ontario K6H2L2
3 beds• 3 baths• 6,250 sqft
Description
Prepare to be wowed with this all brick 3 bedroom, 2 bathroom bungalow on a quiet cul du sac in a popular east end location. Open concept living room with new ceramic floors, pot led lights, electric fireplace and built-in bar. Your bright kitchen offers new wood cabinetry with soft close doors, slide out drawers, granite counter top, backsplash and under counter lighting. Perfect for entertaining! Down the hall you'll find 3 good sized bedrooms featuring newer laminate flooring and a generous main bath featuring a new vanity and ceramic bathtub. Electric is all upgraded with new outlets and switches. Downstairs rec room is big enough for your entertainment unit and games room all warmed by a gas fireplace! All pot lighting in suspended ceiling and all new laminate. Laundry room and 3 piece bath completes the lower level. The garage measures 16' x 32' including an 8 foot separate storage area. Outside is a great patio area with gazebo, hot tub and very private with no rear neighbors. This is a "must see" home! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
6,250 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
717 - Cornwall
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$509,000
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
$4,793/month
The payment includes
Rent
$3,990
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$803
Each month, $803 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
$589,231
Cumulative Down Payment
$33,923
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$28,923
Buyback Price
$534,450
Cumulative Down Payment
$14,641
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,641
Buyback Price
$561,173
Cumulative Down Payment
$24,282
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,282
Buyback Price
$589,231
Cumulative Down Payment
$33,923
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$28,923
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
$4,793/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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