887 Mccaw Street
Sarnia, Ontario N7V2X4
2 beds• 1 bath• 7,538 sqft
Description
Welcome to 887 McCaw Street, nestled in a highly sought after north end neighbourhood close to beaches, shopping, and steps to Retlaw park. This completely renovated one floor home is turn-key for first time home buyers, retirees, or young families. Tis home features 2 bedrooms, 1 bathroom. There have been numerous updates, including: updated electrical panel & insulation (2018), new kitchen (2019), a/c (2019), front living room fireplace (2021), back patio door (2022), all new vinyl windows (2023), new siding (2023), front door (2023), and the driveway and back patio (2024). This home also features radiant in floor heating. Book your showing today, homes in oak acres don't last long. (id:39198)
Facts & Features
● Building Type
House
● Year built
1953
● Square Footage
7,538 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Radiant heat, Boiler, Natural gas
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
19 days
Home price
$474,900
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
$4,414/month
The payment includes
Rent
$3,720
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$694
Each month, $694 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
$549,756
Cumulative Down Payment
$29,976
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,976
Buyback Price
$498,645
Cumulative Down Payment
$13,325
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,325
Buyback Price
$523,577
Cumulative Down Payment
$21,650
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,650
Buyback Price
$549,756
Cumulative Down Payment
$29,976
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,976
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
$4,414/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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