Cornwall, Ontario K6H4S6
2 beds 2 baths 5,198 sqft
Comfortable, versatile, and conveniently located in the heart of Cornwall, this well-maintained bungalow has plenty to offer! Designed with everyday living in mind, the main floor features a bright and inviting living space, two bedrooms, a full bathroom, and the convenience of main-floor laundry. Patio doors lead to a spacious rear deck, perfect for summer BBQs, entertaining, or simply enjoying the outdoors. The finished basement offers even more room to spread out, complete with a generous rec room, second full bathroom, wet bar, and a versatile bonus room that could serve as a home office, guest room, or potential third bedroom. Outside, a carport and detached garage provide plenty of options for parking, storage, or hobby space. Location is another major advantage! Situated directly across from Cornwall Community Hospital, with shopping, restaurants, schools, parks, and everyday essentials just minutes away, everything you need is within easy reach. (id:39198)
Home price
$439,000
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
$4,014/month
The payment includes
Rent
$3,436
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$578
Each month, $578 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
$508,197
Cumulative Down Payment
$25,820
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,820
Buyback Price
$460,950
Cumulative Down Payment
$11,940
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,940
Buyback Price
$483,998
Cumulative Down Payment
$18,880
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,880
Buyback Price
$508,197
Cumulative Down Payment
$25,820
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,820
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.