628 Old Goulais Bay Rd
Sault Ste. Marie, Ontario P6A5K8
2 beds• 1 bath• 1,025 sqft
Description
THREE FABULOUS ACRES and a house! This fine, 2 bedroom bungalow, sits on 3 acres of peaceful, wooded property, and features new flooring throughout, completely upgraded kitchen, Primary bedroom with patio doors, new bath with in-floor heating & 4.5x8 walk-in shower, soaker tub, main floor laundry, upgraded electrical panel and wiring! Newer appliances (2 yrs). Natural gas boiler system (4yrs) includes hot water on demand, Air conditioning/Heat pump unit recently installed. Newly Insulated, roughed-in basement consisting of 1 bedroom, 3pc bath, designated kitchen area, family room and sauna. Included, are all doors & flooring to complete the job. Back yard has double detached, insulated, heated, wired garage, 18ftx36'ft in-ground swimming pool and a fenced-in, asphalt tennis court. (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
1,025 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Heat Pump, Boiler, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
49 days
Home price
$529,900
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
$5,026/month
The payment includes
Rent
$4,155
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$871
Each month, $871 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
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
Buyback Price
$556,395
Cumulative Down Payment
$15,448
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,448
Buyback Price
$584,215
Cumulative Down Payment
$25,895
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,895
Buyback Price
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
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
$5,026/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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