390 George Street
Sarnia, Ontario N7T4P7
4 beds• 2 baths• 8,710 sqft
Description
This bungalow, with a loft, is conveniently situated between the hospital & downtown area. It has undergone renovations, including the addition of a stylish loft space that overlooks the kitchen. The main floor features 3 bedrooms, while the open concept dining & kitchen area leads to a spacious back deck &a private yard. This home offers effortless everyday living & is ideal for singles, couples, or young families starting out. It was fully renovated with updates to the furnace, ductwork, plumbing, electrical system, kitchen, main floor bathroom (featuring a double vanity& stackable laundry), basement powder room, flooring, windows, doors (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
8,710 sqft
● Stories
1.5
● Bedrooms
4
● Bathrooms
2
● Parking
4
● Neighbourhood
Sarnia
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, N/A
● Parking Type
--
● Time on REALTOR.ca
32 days
Home price
$429,999
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
$3,917/month
The payment includes
Rent
$3,365
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$552
Each month, $552 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
$497,778
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
Buyback Price
$451,499
Cumulative Down Payment
$11,630
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,630
Buyback Price
$474,074
Cumulative Down Payment
$18,259
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,259
Buyback Price
$497,778
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
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
$3,917/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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