552 Old Garden River Rd
Sault Ste. Marie, Ontario P6A0C9
4 beds• 3 baths• 2,250 sqft
Description
Welcome to this opportunity to own a beautifully maintained custom-built home, offered for sale by its original owner. Nestled on a private 1.6-acre lot along Old Garden River Road, close to Tarentorus Public School, St. Mary's High School, SAH and the Hub Trail. This 2,225 sq. ft. home combines quality features 4 bedrooms and 2.5 bathrooms, offering plenty of room for growing families and guests. Hardwood flooring adds warmth and character throughout the main living areas, while large windows invite natural light. Patio doors lead to a back deck overlooking a beautiful, private backyard that backs onto a scenic ravine, providing a peaceful natural setting. The fully finished basement offers additional living space with a large rec room with wood stove, den, laundry room and cold room. Outside, the beautifully treed 1.6-acre property offers a rare sense of privacy and space, with endless opportunities for gardening, outdoor activities, and enjoying the natural beauty that surrounds the home. An attached garage provides convenience and additional storage. Call to view this home today! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1975
● Square Footage
2,250 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
3
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Baseboard heaters, Electric
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
136 days
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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
$5,805/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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