478 First Avenue West


North Bay (Central), Ontario P1B3C4

4+1 beds• 3 baths• 2,960 sqft

Description

Opportunity Knocks! Spacious detached home 1,654 sq ft (above grade floor) plus basement; offering 5 bedrooms and 3 washrooms, with a separate entrance to the basement. Ideally located in a convenient central location close to public transit, shopping, and just a short walk to the waterfront. A great opportunity for a large family, multi-generational household, or investor. Step inside to a welcoming foyer leading to a bright and spacious living room featuring large windows that fill the space with natural light; The dining area offers plenty of room for family meals and gatherings. The bright and cozy kitchen provides ample cupboard space and direct access to the backyard deck-perfect for entertaining or enjoying warm summer evenings. A 3-piece bathroom completes the main floor. The second level features 4 generous bedrooms, each with a window and closet, plus a 4-piecebathroom.The lower level offers a separate entrance, 1 good-sized bedroom, 2-piece bathroom, and laundry area, providing excellent potential for an in-law suite or additional living space. Private parking for two vehicles is available along the side of the home. Hot water tank is owned. A versatile property with plenty of space and potential in a highly convenient location-don't miss this opportunity! (id:39198)

Facts & Features

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● Building Type

House

● Year built

--

● Square Footage

2,960 sqft

● Stories

2

● Bedrooms

4+1

● Bathrooms

3

● Parking

2

● Neighbourhood

Central

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, N/A

● Parking Type

--

● Time on REALTOR.ca

70 days

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.

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Speak to our team about your eligibility, monthly payments, and
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