156 Greenwood Avenue
North Bay (West End), Ontario P1B5E9
2+2 beds• 2 baths• 3,528 sqft
Description
Welcome to Greenwood Avenue! This 2014 Kenalex-built home is located on a family-friendly street in the heart of the West End/Pinewood and offers plenty of space for a growing family.Featuring 2+2 bedrooms and 2 full bathrooms, the home offers a bright, open-concept main floor with hardwood flooring, 12.5' cathedral ceilings, and plenty of natural light. The spacious kitchen provides ample storage, an oversized island with seating, and convenient access to the covered back deck.The lower level adds even more living space with a large rec room, two additional bedrooms, a 3-piece bathroom, dedicated laundry room, and plenty of windows.A spacious, well-designed home in a convenient location-ready for its next family. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
3,528 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
2
● Parking
4
● Neighbourhood
West End
● Land size
--
● Heating type
Baseboard heaters, Forced air, Electric, Natural gas
● Basement type
Finished, N/A
● Parking Type
--
● Time on REALTOR.ca
64 days
Home price
$565,000
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
$5,417/month
The payment includes
Rent
$4,433
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$983
Each month, $983 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
$654,058
Cumulative Down Payment
$40,406
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,406
Buyback Price
$593,250
Cumulative Down Payment
$16,802
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,802
Buyback Price
$622,913
Cumulative Down Payment
$28,604
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,604
Buyback Price
$654,058
Cumulative Down Payment
$40,406
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,406
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
$5,417/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
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