4696 Gatien Avenue
Hanmer, Ontario P3P1G1
3 beds 1 bath
Description
This fantastic opportunity awaits with this 3-bedroom, 1-bathroom bungalow situated on a double lot in a quiet, family-friendly neighbourhood. Featuring several important updates, including newer windows, furnace and air conditioning, also the option of laundry up, down or both, this home offers comfort and value. Outside, enjoy a detached 22’ x 17’ garage with an attached rear shed, providing plenty of space for storage, hobbies or your outdoor equipment. Conveniently located close to schools, shopping and everyday amenities, this property offers excellent potential including space for a tiny home or possible in- law/ secondary unit. A property with plenty of opportunity — don’t miss your chance! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
under 1/2 acre
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$400,000
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
$3,631/month
The payment includes
Rent
$3,127
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$463,050
Cumulative Down Payment
$23,153
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,153
Buyback Price
$420,000
Cumulative Down Payment
$11,051
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,051
Buyback Price
$441,000
Cumulative Down Payment
$17,102
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,102
Buyback Price
$463,050
Cumulative Down Payment
$23,153
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,153
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
$3,631/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.