457 Princess Street West


North Bay (Central), Ontario P1B6C7

3 beds 2 baths 5,875 sqft

Description

If you've been looking for a solid bungalow with a great layout, one-floor living, and a fenced backyard, this home is definitely one to consider. Welcome to 457 Princess Street West in North Bay. Set in a well-located neighbourhood, this home offers practical space and a layout that works well for everyday living. Inside, the front living room is bright and welcoming and leads into the dining area and spacious kitchen. It's an easy setup whether you're cooking, hosting, or just going about your day. The primary bedroom is set just off the dining area and features built-in cabinets, a wall of storage, a closet, and its own four-piece ensuite. Down the hall are two additional bedrooms along with the main four-piece bathroom, giving everyone their own space. Just off the kitchen is a practical mudroom with laundry, a storage closet, and a second entrance leading to the side deck, perfect for coming in from outside without tracking through the house. Outside, the fully fenced backyard is a great place to relax, with multiple lilac trees adding privacy and a nice seasonal touch. There's a good-sized shed for storage or tinkering, plus an additional smaller shed. The driveway can comfortably fit up to four vehicles. The home is heated with a boiler system and has air conditioning for the summer. Recent updates include roof shingles, soffit, fascia, eavestrough and electrical panel (2024). You're close to everything, but still tucked into a nice residential area, with schools, parks, shopping, restaurants, the community centre and arena, plus easy access to trails and the Lake Nipissing waterfront. A solid home with a practical layout, good outdoor space, and a location that makes day-to-day living easy. (id:39198)

Facts & Features

● Building Type

House

● Year built

--

● Square Footage

5,875 sqft

● Stories

1

● Bedrooms

3

● Bathrooms

2

● Parking

3

● Neighbourhood

Central

● Land size

--

● Heating type

Other

● Basement type

Unfinished, Crawl space

● Parking Type

--

● Time on REALTOR.ca

3 days

Brokerage Name: REALTY EXECUTIVES Local Group Inc. Brokerage

Powered by: REALTOR.ca

Home price

$449,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,136/month

The payment includes

Rent

$3,522

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$613

Each month, $613 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:

1 year2 years3 years
Year 3

Buyback Price

$520,815

Cumulative Down Payment

$27,082

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$22,082

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

$4,136/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.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.