257 Alexandra St
Sault Ste. Marie, Ontario P6A1J7
5 beds• 3 baths• 1,764 sqft
Description
Character, charm and opportunity await at 257 Alexandra St! This 5-bedroom home offers plenty of room for a growing family, first-time buyer, or investor, with well-proportioned rooms and the timeless character that gives older homes their unique appeal. While the property would benefit from some clean-up and TLC, it presents an excellent opportunity for a buyer looking to add their own touches and unlock its potential. Outside, the detached 13' x 21' garage provides convenient storage and workspace. If you're looking for a property with character, versatility, and plenty of potential, 257 Alexandra St is ready for its next chapter! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1913
● Square Footage
1,764 sqft
● Stories
--
● Bedrooms
5
● Bathrooms
3
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
56 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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