St. Catharines, Ontario L2T1S8
3 beds 2 baths 1,000 sqft
BIG POTENTIAL, GREAT LOCATION & ROOM TO GROW! Perfect for first-time buyers, growing households, Those down sizing; and savvy investors! This charming bungalow is packed with opportunity, offering a functional layout, generous living space, and exciting potential to make it your own. Step inside to discover three bedrooms on the main floor, hardwood flooring, and an inviting eat-in kitchen. The bright and welcoming living room is a standout, featuring beautiful hardwood floors, and a lovely bay window that fills the space with natural light. The finished basement takes the possibilities even further! Enjoy an impressive recreation room complete with vinyl flooring, a gas stove, and a distinctive brick feature wall — the perfect setting for movie nights, entertaining, or relaxing with family and friends. A convenient two-piece bathroom, laundry area, and additional flexible space offer endless options for a home office, fitness area, craft room, or hobby space. Outside, the generous over sized lot offers room to enjoy, while the newer retaining wall and driveway add appeal. A covered concrete patio at the back of the home provides a great spot to enjoy your morning coffee, unwind outdoors, or entertain family and friends. A detached two-car garage and parking for up to 8 vehicles provide exceptional convenience and flexibility for multiple vehicles, guests, or hobby enthusiasts. The roof is approximately 15 years old, furnace is approximately eight years old, and an air conditioner about 18 years old, all is excellent shape. Appliances are included, making this an excellent opportunity to get started! Whether you’re looking to break into the market, create a home tailored to your style, or add a promising property to your investment portfolio, the possibilities are here. Conveniently located close to schools, shopping, everyday amenities, Highway 406, and with easy access to the QEW, this is your chance to unlock the potential and make it your own. Don’t miss out! (id:39198)
Home price
$580,000
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
$5,584/month
The payment includes
Rent
$4,552
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,032
Each month, $1,032 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$671,423
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
Buyback Price
$609,000
Cumulative Down Payment
$17,381
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,381
Buyback Price
$639,450
Cumulative Down Payment
$29,762
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,762
Buyback Price
$671,423
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.