382 Farwell Ter
Sault Ste. Marie, Ontario P6C4B7
3 beds• 2 baths• 1,144 sqft
Description
This brick home features updated flooring, modern windows, 3 bedrooms, and 2 bathrooms. The full basement includes a room that can be used to create a family room. Fenced yard, nice family friendly area, close to Market Mall and Korah Collegiate & everything the West End has to offer. Soundproofing was recently added between the units. Recent updates include roof shingles replaced in July 2026, along with a new electrical service and panel installed in August 2026. It checks all the boxes and priced for you to get into your own home! Bonus cold room is a fantastic asset! Arrange a showing today! (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
1,144 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
49 days
Home price
$254,900
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
$2,301/month
The payment includes
Rent
$2,030
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$271
Each month, $271 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
$295,079
Cumulative Down Payment
$14,754
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,754
Buyback Price
$267,645
Cumulative Down Payment
$8,251
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,251
Buyback Price
$281,027
Cumulative Down Payment
$11,503
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,503
Buyback Price
$295,079
Cumulative Down Payment
$14,754
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,754
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
$2,301/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.