Sudbury, Ontario P3B3M9
3+1 beds 2 baths
This well maintained, all-brick one owner bungalow delivers the perfect blend of classic charm and comfort living in the sought-after Minnow Lake area. Step through the front door to find charming hardwood floors that flow seamlessly into a bright, welcoming living and dining space. The eat-in kitchen is a delight, updated with an lots of warm oak cabinetry, plenty of counterspace, and includes all appliances. This home features 4 bedrooms and 2 bathrooms. With updated electrical, forced-air gas heating, central air cooling, and shingles: this home offers total peace of mind and year-round comfort. The lower level is partially finished equipped with a separate entrance offering an incredible, ready-made opportunity to build an in-law suite or a secondary income unit. Outside, a convenient carport protects your vehicle from the elements, while the prime Minnow Lake location places you minutes from big box stores, fantastic restaurants, and loads of local amenities. The large, West facing flat back yard will surely impress, so you won't want to miss this one! (id:39198)
Home price
$439,900
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
$4,024/month
The payment includes
Rent
$3,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$581
Each month, $581 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
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
Buyback Price
$461,895
Cumulative Down Payment
$11,975
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,975
Buyback Price
$484,990
Cumulative Down Payment
$18,949
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,949
Buyback Price
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
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.