157 Balfour St
Sault Ste. Marie, Ontario P6C1X7
5 beds• 3 baths• 2,100 sqft
Description
Welcome to 157 East Balfour Street, a beautifully maintained family home located on a quiet, tree-lined street in the West End of Sault Ste. Marie. This charming 5-bedroom, 2.5-bath residence offers an inviting blend of comfort, character, and practicality; perfect for growing families. Step inside to discover a well-laid-out interior featuring spacious living areas filled with natural light. The bright sunroom provides a relaxing space to enjoy your morning coffee while overlooking the property’s beautifully landscaped gardens. A finished basement adds valuable living space, ideal for a family room, play room or additional storage. Outside, the appeal continues with a double lot offering ample space for play, gardening, or an in town homestead. A peaceful creek runs alongside the property, creating a serene natural setting rarely found within city limits. The back deck is perfect for entertaining or quiet evenings outdoors. Additional features include a detached garage, multiple garden sheds, and convenient proximity to both elementary and high schools; all within walking distance. With the benefit of a motivated seller 157 East Balfour could be your new home in a little as a month; contact your Realtor® today! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1950
● Square Footage
2,100 sqft
● Stories
1.75
● Bedrooms
5
● Bathrooms
3
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
51 days
Home price
$419,000
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
$3,812/month
The payment includes
Rent
$3,278
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$535
Each month, $535 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
$485,045
Cumulative Down Payment
$24,252
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,252
Buyback Price
$439,950
Cumulative Down Payment
$11,417
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,417
Buyback Price
$461,948
Cumulative Down Payment
$17,835
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,835
Buyback Price
$485,045
Cumulative Down Payment
$24,252
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,252
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
$3,812/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
Recently Listed Homes in Sault Ste. Marie, ON
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.