918 Douglas Street
North Bay (Central), Ontario P1B5P6
2 beds• 2 baths• 5,354 sqft
Description
Excellent home for a family looking to downsize or for a first-time home buyer. This well-maintained property features 2+1 bedrooms, a spacious living room, and a formal dining room conveniently located off the kitchen. The main living areas are enhanced with beautiful hardwood floors. The kitchen is thoughtfully laid out with ample cupboard space. The main bathroom includes a freestanding tub with a shower. The home is equipped with efficient gas heating and central air for year-round comfort. The fully finished basement offers additional living space with a cozy gas fireplace, built-in bar, third bedroom, and a 3-piece bathroom, perfect for guests or extended family. Situated in a quiet neighborhood close to all local amenities, this home also features a large detached garage at the rear of the property. Easily accessible year-round from the laneway, it provides secure parking and an ideal space for a workshop. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
5,354 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
4
● Neighbourhood
Central
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
4 days
Brokerage Name:
Home price
$419,900
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
$3,821/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
Buyback Price
$440,895
Cumulative Down Payment
$11,435
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,435
Buyback Price
$462,940
Cumulative Down Payment
$17,870
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,870
Buyback Price
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
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
$3,821/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.
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