367 Third Avenue
Sudbury, Ontario P3B4C2
4 beds 2 baths
Description
Welcome to 367 Third Avenue in Minnow Lake. This 3+1 bedroom home offers a practical split-level layout with two separate living areas and an attached single garage. A large front window brings natural light into the living room, and the eat-in kitchen features dark cabinetry and room for everyday meals. Upstairs are three bedrooms and a full bathroom. A few steps down from the kitchen, the spacious family room opens directly to the backyard deck, making it easy to take meals and get-togethers outside. The lower level also includes a fourth bedroom, a two-piece bathroom and a separate laundry and utility room. Mature hedges provide privacy in the backyard, with room on the deck for dining and seating and a storage shed for seasonal gear. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
under 1/2 acre
● Stories
2
● Bedrooms
4
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Baseboard heaters
● Basement type
None
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$475,000
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
$4,415/month
The payment includes
Rent
$3,721
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$694
Each month, $694 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
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
Buyback Price
$498,750
Cumulative Down Payment
$13,329
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,329
Buyback Price
$523,688
Cumulative Down Payment
$21,658
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,658
Buyback Price
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
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
$4,415/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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