North Bay (West End), Ontario P1B4R8
3+1 beds• 2 baths• 4,950 sqft
Welcome to 811 Tackaberry Drive! This well-maintained 3+1 bedroom, 2 bathroom home is located in the highly sought-after Pinewood neighbourhood, making it a great option for first-time home buyers, families, investors, or those looking for rental income potential. The main level has a spacious living area that seamlessly flows into the dining room, with plenty of natural light creating a bright and inviting space. The comfotably-sized kitchen offers ample counter space and plenty of room to prepare meals, while a convenient powder room adds functionality to the main floor. Upstairs, you'll find three generously sized bedrooms along with a full bathroom. The lower level adds even more versatility, with a separate entrance and a spacious additional room that could be used as a fourth bedroom, home office, recreation room, or secondary living space. The existing layout and separate entrance also provide the potential to create a self-contained rental suite, offering an opportunity for additional income. Step outside to enjoy the private backyard, complete with a large deck - perfect for entertaining, relaxing, or enjoying the warmer months. The fully fenced yard provides plenty of privacy and space for kids, pets, and outdoor activities. This home is ideally located just minutes from Nipissing University, Canadore College, public transit, parks, shopping, and restaurants. With its desirable location, flexible living space, and income potential, this is a great opportunity to get into the market or add a versatile property to your investment portfolio. (id:39198)
Home price
$373,000
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
$3,374/month
The payment includes
Rent
$2,913
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$461
Each month, $461 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
$431,794
Cumulative Down Payment
$21,590
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,590
Buyback Price
$391,650
Cumulative Down Payment
$10,530
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,530
Buyback Price
$411,233
Cumulative Down Payment
$16,060
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,060
Buyback Price
$431,794
Cumulative Down Payment
$21,590
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,590
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.