165 Spadina Ave
Sault Ste. Marie, Ontario P6C5C6
2 beds• 1 bath• 1,075 sqft
Description
Affordable, move-in ready and a great opportunity to get into the market! Sitting on a nice lot with a detached garage and great backyard space, this 2-bedroom, 1-bathroom home offers comfortable and efficient living at an affordable price. Inside features a spacious updated 4-piece bathroom, eat-in kitchen with a second dining space, main-floor bedroom, second bedroom upstairs, convenient main-floor laundry and a mudroom with access to the back deck and yard. Efficient gas forced-air heating and a partial poured concrete basement add to the package. Outside, enjoy a great backyard with plenty of room to relax, entertain or garden, along with the added bonus of a detached garage. Whether you’re a first-time home buyer, downsizing, or looking to add an investment property to your portfolio, 165 Spadina is a solid opportunity with plenty to offer. Move in and enjoy! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1950
● Square Footage
1,075 sqft
● Stories
1.5
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Partial
● Parking Type
--
● Time on REALTOR.ca
3 days
Home price
$189,900
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
$1,784/month
The payment includes
Rent
$1,618
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$166
Each month, $166 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
$219,833
Cumulative Down Payment
$10,992
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,992
Buyback Price
$199,395
Cumulative Down Payment
$6,997
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$1,997
Buyback Price
$209,365
Cumulative Down Payment
$8,994
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$3,994
Buyback Price
$219,833
Cumulative Down Payment
$10,992
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,992
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
$1,784/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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