1647 High Street
North Bay (Central), Ontario P1B6T7
2 beds• 2 baths• 4,125 sqft
Description
Welcome to 1647 High Street! A well-maintained bungalow semi in a Central North Bay location, close to school, shopping, and amenities. This solid home offers 2+1 bedrooms, 2 bathrooms, and a spacious rec room with a gas fireplace. Enjoy the generously sized rear deck with gazebo overlooking a fully fenced yard - perfect for kids and pets - plus a storage shed and carport. Additional features include fresh paint throughout and updated flooring across most of the home, a roof redone in 2016, a wall A/C unit installed in 2022, and an owned hot water tank. All appliances are included, making this a truly move-in ready opportunity. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
4,125 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
3
● Neighbourhood
Central
● Land size
--
● Heating type
Baseboard heaters, Not known, Not known, Electric, Natural gas
● Basement type
Finished, N/A
● Parking Type
--
● Time on REALTOR.ca
4 days
Brokerage Name: Royal LePage Northern Life Realty, Brokerage
Home price
$379,000
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
$3,431/month
The payment includes
Rent
$2,961
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$470
Each month, $470 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
$438,740
Cumulative Down Payment
$21,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,937
Buyback Price
$397,950
Cumulative Down Payment
$10,646
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,646
Buyback Price
$417,848
Cumulative Down Payment
$16,291
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,291
Buyback Price
$438,740
Cumulative Down Payment
$21,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,937
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
$3,431/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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