131 Wellington St
Sault Ste. Marie, Ontario P6A2L4
3 beds 1 bath 1,118 sqft
Description
This home is move in ready and available for quick occupancy. Several updates including newer flooring on the main level. The home has a nice addition of a main floor bedroom and 2 bedrooms upstairs. Newer roof shingles and siding plus a 1.5 car garage make this very affordable and a home to be proud of! The large fenced backyard is 198'! Lots of room to play or garden, or add an accessory dwelling unit! Gas forced air and hot water tank are both owned. Clean basement is a pleasure to see! This is a great owner occupied home or excellent rental! Arrange your showing today! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1915
● Square Footage
1,118 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
Sault Ste. Marie
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full, Crawl space
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$152,000
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
$1,392/month
The payment includes
Rent
$1,286
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$105
Each month, $105 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
$175,959
Cumulative Down Payment
$8,798
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$3,798
Buyback Price
$159,600
Cumulative Down Payment
$6,266
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$1,266
Buyback Price
$167,580
Cumulative Down Payment
$7,532
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$2,532
Buyback Price
$175,959
Cumulative Down Payment
$8,798
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$3,798
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
$1,392/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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