North Bay (Central), Ontario P1B6Z8
2+2 beds• 2 baths• 6,000 sqft
Welcome to 204 Delaware Avenue, a warm and inviting home with thoughtful updates and plenty of space to settle in and enjoy. The main living areas offer a comfortable setting for everyday life, while updated bathrooms and improved insulation add to the home's overall comfort and functionality. A standout feature is the fully renovated basement, offering valuable additional living space that can easily adapt to your needs. Create a cozy family room, home office, playroom, fitness area, or guest space - the possibilities are there to make it work for your lifestyle. Outside, the fully fenced backyard offers privacy and a wonderful place to enjoy the warmer months. The gazebo creates a natural gathering spot for morning coffee, entertaining friends, or relaxing on a summer evening. Two sheds provide excellent additional storage, including one that is insulated and powered, making it ideal for a workshop, hobby space, or year-round storage. Whether you're enjoying the yard with the kids, hosting a barbecue, working on a project, or simply looking for a quiet place to unwind, this property offers spaces to suit a variety of lifestyles. With its welcoming interior, meaningful updates, finished lower level, and versatile outdoor spaces, 204 Delaware Avenue offers a comfortable home with the added benefit of a pre-inspection already completed - giving buyers valuable insight and confidence from the start. (id:39198)
Home price
$374,900
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
$3,392/month
The payment includes
Rent
$2,928
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$464
Each month, $464 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
$433,994
Cumulative Down Payment
$21,700
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,700
Buyback Price
$393,645
Cumulative Down Payment
$10,567
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,567
Buyback Price
$413,327
Cumulative Down Payment
$16,133
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,133
Buyback Price
$433,994
Cumulative Down Payment
$21,700
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,700
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.