North Bay (West End), Ontario P1B2W2
3+1 beds• 2 baths• 5,500 sqft
Welcome to 941 Main St. W., a charming and well-maintained 4-bedroom, 2-bathroom home offering plenty of space inside and out. The main living areas are bright and inviting, featuring beautiful hardwood floors, generous windows and plenty of character. The updated kitchen offers ample cabinetry and counter space, while the separate dining room provides a great setting for family meals and entertaining. The home also features a finished lower-level family room, providing additional space to relax, entertain or create a home office or play area. Outside, enjoy a private backyard with mature trees, a patio/gazebo area and detached garage. Parking is exceptional, with three spaces at the front plus two additional spaces at the rear. Recent updates include the furnace, central air conditioning and shingles, adding comfort and peace of mind. Located within walking distance of the beach and beautiful Lake Nipissing, this is a wonderful opportunity to enjoy a spacious family home in a convenient North Bay location. (id:39198)
Home price
$499,900
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
$4,692/month
The payment includes
Rent
$3,918
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
Buyback Price
$524,895
Cumulative Down Payment
$14,290
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,290
Buyback Price
$551,140
Cumulative Down Payment
$23,580
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,580
Buyback Price
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
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.