341 Guy Street
Cornwall, Ontario K6H4V3
2 beds• 2 baths• 1,760 sqft
Description
MODERN STYLE, SMART INVESTMENT! Built in 2024, this stylish 2-bedroom, two-storey home offers contemporary finishes, comfortable living and low-maintenance appeal. The bright main floor features a welcoming living room that flows into a functional eat-in kitchen. Hardwood and ceramic flooring add a polished touch throughout. Upstairs, you'll find two well-appointed bedrooms and a 4-piece bathroom with tub/shower combination. The finished basement provides additional living space with a cozy family room, 3-piece bathroom with shower, and utility/laundry room. Outside boasts front and rear decks, a fenced yard and parking for two vehicles. Equipped with a high-efficiency furnace and central A/C for year-round comfort. Conveniently located near schools, parks and city amenities. Currently tenant-occupied (month to month), generating $2,300/month plus utilities. An excellent opportunity to expand your investment portfolio or make your move into homeownership with a newer-built property! As per Seller direction allow 48 hour irrevocable on offers. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
1,760 sqft
● Stories
2
● Bedrooms
2
● Bathrooms
2
● Parking
2
● 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
$399,000
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
$3,622/month
The payment includes
Rent
$3,119
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$503
Each month, $503 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
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
Buyback Price
$418,950
Cumulative Down Payment
$11,032
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,032
Buyback Price
$439,898
Cumulative Down Payment
$17,063
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,063
Buyback Price
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
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
$3,622/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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