214 Victoria Street East
North Bay (Central), Ontario P1B1P5
3 beds• 2 baths• 4,125 sqft
Description
Welcome to 214 Victoria Street E, a 2-storey detached home offering 3 bedrooms and 1.5 bathrooms in the central area of North Bay, ON. The main floor features a practical layout for entertaining boasting your kitchen, dining room, living room and a 2-piece bathroom, while the second level offers three bedrooms and a full bathroom. The partially finished basement provides additional space for utilities, storage and a walkout to your backyard. Outside, the detached heated and insulated garage offers year-round versatility for parking, storage, a workshop, or hobbies.The property has also been pre-inspected, providing buyers with added information and peace of mind.A solid opportunity for first-time buyers, families, or investors! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
4,125 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
3
● Neighbourhood
Central
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, N/A
● Parking Type
--
● Time on REALTOR.ca
16 days
Home price
$334,900
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
$3,011/month
The payment includes
Rent
$2,612
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$400
Each month, $400 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
$387,689
Cumulative Down Payment
$19,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,384
Buyback Price
$351,645
Cumulative Down Payment
$9,795
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,795
Buyback Price
$369,227
Cumulative Down Payment
$14,590
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,590
Buyback Price
$387,689
Cumulative Down Payment
$19,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,384
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
$3,011/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.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.