134 Bishops Ct


Sault Ste. Marie, Ontario P6A3V9

4 beds 3 baths 1,650 sqft

Description

Beautifully updated and thoughtfully designed, this exceptional home offers a rare blend of modern style, spacious living, and incredible versatility in a quiet, tucked-away location just off Victoria and Leo. Steps away from the family friendly Victoria park and every amenity close by, this is a location that offers both convenience and a peaceful residential setting. Inside, the home has been beautifully updated throughout and offers four generously sized bedrooms, 2.5 bathrooms, a dedicated home office, and a spacious recreation room in the basement. The second floor adds an impressive layer of flexibility with its own kitchen and washer and dryer hookups, providing an ideal setup for an in-law suite, extended family, guests, or additional private living space. Comfort and convenience continue with a new gas forced-air furnace and new central air conditioning. The attached one-car garage provides everyday practicality, while the rear deck and fully fenced backyard create a private outdoor setting for entertaining, relaxing, or enjoying summer evenings. From its desirable location and extensive updates to its flexible second-floor layout, this home offers a level of versatility that is increasingly hard to find. A beautifully finished property with space for the whole family and the flexibility to adapt to whatever comes next. The upstairs has been operated as a very successful Airbnb, offering an excellent opportunity for continued short-term rental income. The main floor also presents the potential to be operated as an Airbnb, providing additional income-generating possibilities for investors or owners looking to maximize the property’s versatility. (id:39198)

Facts & Features

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● Building Type

Other

● Year built

1954

● Square Footage

1,650 sqft

● Stories

2

● Bedrooms

4

● Bathrooms

3

● Parking

--

● Neighbourhood

Sault Ste. Marie

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Partially finished, Full

● Parking Type

--

● Time on REALTOR.ca

51 days

Home price

$449,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,136/month

The payment includes

Rent

$3,522

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$613

Each month, $613 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:

1 year2 years3 years
Year 3

Buyback Price

$520,815

Cumulative Down Payment

$27,082

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$22,082

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

$4,136/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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