432 Wallace Ter
Sault Ste. Marie, Ontario P6C1L2
2 beds• 1 bath• 1,200 sqft
Description
Welcome to 432 Wallace Terrace! Take a look at this affordable west end bungalow! Sitting on a large corner lot, two driveways with plenty of parking & single garage. Main floor features 2 bedrooms, full bathroom with updated shower, large eat in kitchen. Full basement with laundry, recroom area & partially finished bonus space along with plenty of storage. Architectural shingles, forced air natural gas heat, gas hot water heater, central A/C & so much more make this a perfect investment. (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
1,200 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
48 days
Home price
$179,900
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
$1,681/month
The payment includes
Rent
$1,530
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$150
Each month, $150 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
$208,257
Cumulative Down Payment
$10,413
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,413
Buyback Price
$188,895
Cumulative Down Payment
$6,804
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$1,804
Buyback Price
$198,340
Cumulative Down Payment
$8,609
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$3,609
Buyback Price
$208,257
Cumulative Down Payment
$10,413
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,413
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
$1,681/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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