Niagara Falls, Ontario L2E4L5
2+1 beds 2 baths 898 sqft
Ideal for first-time buyers, downsizers or investors! Beautifully maintained and upgraded 2+1 bedroom, 2-bathroom bungalow featuring a fully finished in-law suite with separate entrance, full kitchen, separate laundry and 3-piece bath. Main floor offers laminate flooring throughout, oak kitchen cabinetry and convenient main floor laundry. Recent lower-level upgrades. Enjoy the enclosed front porch, spacious 40' x 150' lot, two storage sheds and parking for 3 vehicles. Updates include shingles (2018), furnace (2017) and A/C (2020) New Concrete Driveway(2026) New Basement Windows(2026) New Deck(2026) . A fantastic opportunity for additional income or multi-generational living! (id:39198)
Home price
$544,000
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
$5,183/month
The payment includes
Rent
$4,267
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$916
Each month, $916 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
$629,748
Cumulative Down Payment
$37,975
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,975
Buyback Price
$571,200
Cumulative Down Payment
$15,992
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,992
Buyback Price
$599,760
Cumulative Down Payment
$26,983
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$21,983
Buyback Price
$629,748
Cumulative Down Payment
$37,975
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,975
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.