1554 Mallah Drive
Sarnia, Ontario N7V3R5
3+1 beds• 2 baths• 6,806 sqft
Description
Imagine ending your day with a walk to the beach, catching the sunset just minutes from home. That is what life looks like here. This bright and open home offers a fresh, modern feel with a layout that just makes sense, featuring a new kitchen, 2 new bathrooms, new flooring, trim, doors, and lighting, plus sleek stainless steel appliances and almost all new windows. The main level features 3 bedrooms (or use one as a dining room) and a full bathroom, filled with natural light and clean, updated (id:39198)
Facts & Features
● Building Type
House
● Year built
1953
● Square Footage
6,806 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$495,000
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
$4,638/month
The payment includes
Rent
$3,879
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$758
Each month, $758 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
$573,024
Cumulative Down Payment
$32,302
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,302
Buyback Price
$519,750
Cumulative Down Payment
$14,101
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,101
Buyback Price
$545,738
Cumulative Down Payment
$23,202
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,202
Buyback Price
$573,024
Cumulative Down Payment
$32,302
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,302
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
$4,638/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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