North Bay (West End), Ontario P1B8R1
3 beds• 3 baths• 3,249 sqft
This spacious 5-bedroom, 3-bathroom home offers the perfect blend of comfort, functionality, and location. Designed with family living in mind, the property features a bright and inviting layout complemented by forced air heating and central air conditioning to keep you comfortable year-round. The home has seen several key updates over the years, including a modernized kitchen completed in 2016, a beautiful deck added in 2018-ideal for outdoor entertaining-and new shingles installed in 2021 for added peace of mind. Outside, you'll find a fully fenced backyard, perfect for kids, pets, or simply enjoying your own private outdoor space. Convenience is a major highlight, with the home located just a short distance from Woodlands School, as well as a nearby church. Shopping and a variety of restaurants are easily accessible just across the highway, making errands and dining out quick and simple. Additional features include a single-car garage and ample living space to accommodate growing families or those needing extra room to work from home. This is a well-maintained property in a practical location-ready for you to move in and enjoy. (id:39198)
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.