122 Boundary Rd
Sault Ste. Marie, Ontario P6A5B8
3 beds• 2 baths• 1,115 sqft
Description
Welcome to 122 Boundary Road, a beautifully updated 4-level side split. This home has been thoughtfully renovated from top to bottom and is ready for its new owners. The home offers 3 bedrooms, 2 bathrooms and over 1,100 sq. ft. of living space. Major updates completed in 2020 include electrical, windows, the kitchen and living areas, the upstairs bathroom, and engineered hardwood flooring throughout the upper two levels. Additional updates include siding on the home and garage (2019), roof shingles (2019), backyard deck (2018), and central air conditioning (2018). The home features efficient gas forced-air heating, a fenced yard, and a functional multi-level layout with plenty of space for family living. It's located minutes from the Sault Ste. Marie Golf Course, Algoma University, and a range of everyday amenities. Contact your preferred Realtor® today to book your private viewing! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1971
● Square Footage
1,115 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
59 days
Home price
$569,900
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
$5,471/month
The payment includes
Rent
$4,472
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$999
Each month, $999 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
$659,730
Cumulative Down Payment
$40,973
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,973
Buyback Price
$598,395
Cumulative Down Payment
$16,991
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,991
Buyback Price
$628,315
Cumulative Down Payment
$28,982
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,982
Buyback Price
$659,730
Cumulative Down Payment
$40,973
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,973
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
$5,471/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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