224 Shepherd Street
Sarnia, Ontario N7T3J5
3 beds• 1 bath• 4,200 sqft
Description
Welcome to 224 Shepherd St, a warm and inviting home in the heart of Central Sarnia. The main floor features a cozy living room, two bedrooms, a bathroom, and a bright sunroom that adds a wonderful extra space to unwind. Upstairs offers a third bedroom, and additional storage, while the lower level provides a spacious multipurpose room with endless possibilities for a rec room, home office or hobby space. Outside, enjoy the rear deck and backyard, perfect for summer evenings and time spent outdoors. The detached garage adds convenient parking and storage space, while the central location puts schools, parks, shopping, restaurants, and everyday amenities nearby. Book your private showing today! (id:39198)
Facts & Features
● Building Type
House
● Year built
1926
● Square Footage
4,200 sqft
● Stories
1.5
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
36 days
Home price
$314,900
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
$2,821/month
The payment includes
Rent
$2,453
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$367
Each month, $367 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
$364,536
Cumulative Down Payment
$18,227
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,227
Buyback Price
$330,645
Cumulative Down Payment
$9,409
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,409
Buyback Price
$347,177
Cumulative Down Payment
$13,818
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,818
Buyback Price
$364,536
Cumulative Down Payment
$18,227
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,227
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
$2,821/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.
Speak to our team about your eligibility, monthly payments, and
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