117 Biggings Ave
Sault Ste. Marie, Ontario P6A3T8
3 beds 2 baths 1,200 sqft
Description
Charming, extensively updated home full of character in a quiet central neighbourhood. Numerous interior renovations and upgrades have already been completed, creating a cozy, move-in-ready home while maintaining its warmth and personality. The spacious layout offers excellent flexibility, functioning comfortably as a single-family residence with the potential to be converted back into a duplex. Upstairs laundry adds everyday convenience, while the attached garage provides additional storage. Outside, a brand-new driveway offers plenty of parking and generous room for snow storage. The neighbourhood has also recently benefited from major infrastructure upgrades, including new sewers, paving and sidewalks. The location has an exciting future. Walk to the Hub Trail along the river and the Mill Market, with the former hospital property just steps away and positioned for future redevelopment. Enjoy everything this established central neighbourhood already offers, with even more to come. Cozy, updated, affordable and full of character, this is a home that’s ready to enjoy now with a location that continues to get better. CALL TODAY! (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
1,200 sqft
● Stories
1.75
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
54 days
Home price
$209,900
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
$1,949/month
The payment includes
Rent
$1,750
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$199
Each month, $199 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
$242,985
Cumulative Down Payment
$12,149
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,149
Buyback Price
$220,395
Cumulative Down Payment
$7,383
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,383
Buyback Price
$231,415
Cumulative Down Payment
$9,766
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$4,766
Buyback Price
$242,985
Cumulative Down Payment
$12,149
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,149
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
$1,949/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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