4533 St Michel
Hanmer, Ontario P3P1M8
3+1 beds• 2 baths
Description
Welcome to 4533 St. Michel in Hanmer! Situated on an impressive 80 x 185 ft deep lot, this property offers plenty of space both inside and out! Featuring 3+1 bedrooms and 2 full bathrooms, this home provides a functional layout perfect for families of all sizes. The spacious lower-level rec room, complete with a wet bar, is ideal for entertaining or relaxing with family and friends. Step outside to your own backyard oasis, featuring an above-ground pool surrounded by a brand-new wraparound deck, perfect for enjoying those warm summer days! The heated double detached garage offers plenty of room for vehicles, storage, or a workshop. With a generous lot, fantastic outdoor entertaining space, and room for the whole family, this Hanmer home is one you won't want to miss! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
under 1/2 acre
● Stories
--
● Bedrooms
3+1
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Baseboard heaters
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$424,700
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
$3,867/month
The payment includes
Rent
$3,323
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$544
Each month, $544 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
$491,643
Cumulative Down Payment
$24,582
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,582
Buyback Price
$445,935
Cumulative Down Payment
$11,527
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,527
Buyback Price
$468,232
Cumulative Down Payment
$18,055
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,055
Buyback Price
$491,643
Cumulative Down Payment
$24,582
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,582
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
$3,867/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.