180 Elgin St
Sault Ste. Marie, Ontario P6A2Z1
5 beds• 3 baths• 1,540 sqft
Description
An investor’s dream with room to live and potential to grow! This spacious century home features 5 bedrooms and 3 bathrooms, offering a versatile layout with plenty of possibilities as an investment property or large family home. Much of the home’s original character remains, complemented by a large, bright kitchen with all appliances included. Patio doors off the dining room lead to a wood deck and backyard, while the generously sized bedrooms provide plenty of space throughout. The second level features two full bathrooms, with a convenient half bath on the main floor. Gas forced-air heat. With its generous size, flexible living space and attractive price point, this is an opportunity investors will want to take a closer look at. Call today for more information or to arrange a viewing. ... (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
1,540 sqft
● Stories
2
● Bedrooms
5
● Bathrooms
3
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
3 days
Home price
$169,900
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
$1,577/month
The payment includes
Rent
$1,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$134
Each month, $134 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
$196,680
Cumulative Down Payment
$9,834
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$4,834
Buyback Price
$178,395
Cumulative Down Payment
$6,611
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$1,611
Buyback Price
$187,315
Cumulative Down Payment
$8,223
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$3,223
Buyback Price
$196,680
Cumulative Down Payment
$9,834
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$4,834
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
$1,577/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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