840 Mclaren Street
North Bay (West End), Ontario P1B3L8
3 beds• 2 baths• 17,685 sqft
Description
Welcome to this beautifully maintained bungalow offering the comfort and convenience of sought-after one-floor living. Situated on a spacious corner lot in the desirable west end, this 3-bedroom, 2-bathroom home is just minutes from shopping, schools, parks, restaurants, and all everyday amenities. Designed for comfortable living, the functional layout is filled with natural light and features fresh paint throughout and updated flooring, along with several other valuable updates, including an updated roof, modern pot lighting, an updated gas fireplace, and electrical improvements. Enjoy year-round comfort with forced-air natural gas heating and central air conditioning. Outside, the fully fenced yard provides a private space for children, pets, gardening, or entertaining. Whether you're a first-time buyer, downsizer, or investor, this well-cared-for property offers exceptional value in an established, family-friendly neighborhood. Don't miss the opportunity to own this fantastic west-end home that comes pre-inspected. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
17,685 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
West End
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Crawl space
● Parking Type
--
● Time on REALTOR.ca
39 days
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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