North Bay (Central), Ontario P1B6C6
3 beds• 2 baths• 6,996 sqft
Welcome to this well-located 3-bedroom brick bungalow, ideally situated on a quiet residential street while still being close to schools and all amenities.Step inside to a spacious and inviting living room, featuring a new Napoleon gas fireplace and hardwood floors beneath the carpeting. The bright kitchen offers a cozy eating area, perfect for everyday living. All three bedrooms are generously sized and feature beautiful hardwood flooring.Conveniently located off the kitchen, you'll find a rear mudroom and laundry area. The home also includes both a 4-piece and 2-piece bathroom. Heating is provided by efficient hot water baseboards.Outside, enjoy a beautifully landscaped 53' x 132' lot that offers plenty of privacy. Relax or entertain on the large deck, patio, or under the covered gazebo-ideal for enjoying rainy days. The fully fenced yard also features two storage sheds and a large garden bed, perfect for flowers or growing your own vegetables.A standout feature is the solid, detached 1.5-car garage (16' x 30') complete with a rear workshop-perfect for hobbyists or extra storage. The paved driveway accommodates up to 5 vehicles.Additional updates include shingles on the main house replaced just 3 years ago, and the garage shingles approximately 10 years old.Proudly owned and meticulously maintained by the same owner for 42 years, this home is move-in ready with immediate possession available. (id:39198)
● Building Type
House
● Year built
--
● Square Footage
6,996 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
6
● Neighbourhood
Central
● Land size
--
● Heating type
Baseboard heaters, Not known, Electric
● Basement type
Crawl space
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$449,900
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
$4,136/month
The payment includes
Rent
$3,522
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$613
Each month, $613 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
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
Buyback Price
$472,395
Cumulative Down Payment
$12,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,361
Buyback Price
$496,015
Cumulative Down Payment
$19,721
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,721
Buyback Price
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
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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