348 Old Goulais Bay Rd
Sault Ste. Marie, Ontario P6A5K8
2+1 beds• 2 baths• 800 sqft
Description
Enjoy peaceful rural living with space, privacy, and plenty of room for all your toys! Situated in a fantastic rural location of Sault Ste. Marie, this well-maintained and updated home sits on a beautiful lot with an impressive 210 feet of frontage. Offering a functional layout, the main floor features a bright living room, spacious kitchen open to the dining area, and a convenient bedroom or home office. Upstairs offers additional bedroom space and a bathroom, while the finished basement provides a massive bedroom or rec room complete with a cozy gas fireplace, 3-piece bathroom, and laundry area. Numerous improvements include a metal roof, new eavestroughs, updated finishes, and efficient gas forced air heating. Outside, you’ll appreciate the paved driveway and impressive 22’ x 36’ detached garage- insulated and wired, metal roof, updated soffit and fascia, and additional rear storage access. Whether you’re looking for extra space, a workshop, or a place to store your vehicles and recreational toys, this property has plenty to offer. A fantastic opportunity to enjoy country-style living with the convenience of being just minutes from the city- all for an affordable price. Move in and enjoy! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1949
● Square Footage
800 sqft
● Stories
1.5
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$319,900
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
$2,868/month
The payment includes
Rent
$2,493
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$375
Each month, $375 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
$370,324
Cumulative Down Payment
$18,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,516
Buyback Price
$335,895
Cumulative Down Payment
$9,505
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,505
Buyback Price
$352,690
Cumulative Down Payment
$14,011
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,011
Buyback Price
$370,324
Cumulative Down Payment
$18,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,516
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
$2,868/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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