424 Sara Street
Cornwall, Ontario K6J5K9
3 beds 2 baths 7,170 sqft
Description
Very affordably priced 2+2 bedroom bungalow with attached garage with an In-Law suite potential on a quiet cul-de-sac street. The main floor features a large working kitchen, combined with a lovely bright living room/dining room area, plus an additional sitting/hobby/study area, two bedrooms, and a full bath. The finished basement offers two additional potential bedrooms, spacious laundry with a small kitchen area, a rather large family room with a gas stove to help offset the cost of the electric baseboard heating, and the basement also features a 3-piece bathroom. The home has an attached garage, a great feature for those winter months, and is located on a residential street within walking distance to shopping, with a small park at the end of the street for children to play. Seller requires SPIS signed & submitted with all offer(s) and 2 full business days irrevocable to review any/all offer(s). (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
7,170 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
717 - Cornwall
● Land size
--
● Heating type
Baseboard heaters, Electric
● Basement type
Partially finished, N/A
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$360,000
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
$3,250/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
Buyback Price
$378,000
Cumulative Down Payment
$10,279
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,279
Buyback Price
$396,900
Cumulative Down Payment
$15,558
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,558
Buyback Price
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
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
$3,250/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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