340 Regina Street
North Bay (Central), Ontario P1B2J8
3 beds• 2 baths• 2,642 sqft
Description
A charming century home built in the style of the North Bay standard, right in the heart of town, welcome to 340 Regina Street. This is a sturdy, all brick, two story, single family home, typical of many of that era. The main floor offers a bright, sunny living room, a dining room, a half bathroom and a kitchen which includes a laundry area. The second floor has 3 bedrooms and a bathroom. There have been many updates over the years, some of which include laminate floors throughout, white cabinetry, windows, shingles, and copper wiring. This house has 100 amp service and an unfinished basement for lots of storage. The C2 zoning offers many future possibilities. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
2,642 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Central
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, N/A
● Parking Type
--
● Time on REALTOR.ca
21 days
Brokerage Name: ROYAL LEPAGE FRANK REAL ESTATE
Home price
$274,900
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
$2,496/month
The payment includes
Rent
$2,193
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$303
Each month, $303 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
$318,231
Cumulative Down Payment
$15,912
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,912
Buyback Price
$288,645
Cumulative Down Payment
$8,637
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,637
Buyback Price
$303,077
Cumulative Down Payment
$12,274
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,274
Buyback Price
$318,231
Cumulative Down Payment
$15,912
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,912
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
$2,496/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
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Have Questions About Rent-to-Own? Let's Talk.
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