202 Old Goulais Bay Rd
Sault Ste. Marie, Ontario P6A0B5
3 beds• 2 baths• 959 sqft
Description
Welcome to your new home on a expansive double lot in a country setting (includes 196 vacant lot). Enter the large double-wide circular driveway that leads to a extra large garage with an upper loft. The backyard of the house is fenced in for privacy for family, children, and pets. You'll find many updates in this 4 bedroom bungalow in a lovely quiet subdivision. All three main-floor bedrooms are spacious and bright and the 4-piece main floor bath is newly updated. The kitchen has loads of corner windows and lovely maple cupboards. The rec room area is finished and awaits your unique family set up, whether for movie night or entertaining. The lower bedroom is huge and an ideal set up for a primary bedroom. A convenient 3-piece bathroom is off the rec room. Efficient BOILER heat! Outdoor enthusiasts will love the extra large 2-car garage with second story loft space—perfect as a creative studio or extra storage area. The large attached lot is included and offers endless possibilities! The circular driveway is perfect for family and friends’ visits. Don't miss out on this unique property. Contact your REALTOR today. (id:39198)
Facts & Features
● Building Type
Other
● Year built
1959
● Square Footage
959 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Boiler, Electric, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
50 days
Home price
$485,000
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
$4,526/month
The payment includes
Rent
$3,800
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$726
Each month, $726 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
$561,448
Cumulative Down Payment
$31,145
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,145
Buyback Price
$509,250
Cumulative Down Payment
$13,715
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,715
Buyback Price
$534,713
Cumulative Down Payment
$22,430
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,430
Buyback Price
$561,448
Cumulative Down Payment
$31,145
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,145
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
$4,526/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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