Niagara Falls, Ontario L2G1C3
3 beds 2 baths 1,657 sqft
Lovingly cared for and built with good bones, this solid brick bungalow sits on a generous 65 x 110 ft lot on a quiet, private cul-de-sac, close to everything Niagara Falls has to offer. Inside, the spacious family room with its gas fireplace is the natural gathering spot, with a bright living room, a dining room and an eat-in kitchen with oak cabinets close by. Three bedrooms complete the main floor, and hardwood waits beneath the carpet, ready to be uncovered. The fully finished lower level opens up possibilities for in-law living or extended family, with a second eat-in kitchen, a large recreation room, a 3-piece bath, laundry and plenty of storage. Forced air gas heating and central air keep things comfortable year-round, and the attached garage adds everyday convenience. With the hospital, schools, parks, shopping and the highway all a short drive away, this is a rare chance to move into a well-kept home and make it your own over time. (id:39198)
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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.