2023 Donald St
Thunder Bay, Ontario P7E5W9
2 beds• 2 baths• 908 sqft
Description
NEW LISTING! Welcome to 2023 Donald St. East, located in the popular Edgewater Park neighborhood. This versatile 3 bedroom, 2 Bathroom home offers a bright and open living space, perfect for family life and entertaining. The main floor features a bright open-concept living area with a functional kitchen, 2 bedrooms and one bathroom. Downstairs, discover a second kitchen and living space with an additional bedroom, ideal for extended family or guests. With Two kitchens, flexible living arrangements are easy, whether it's for entertaining or multi-generational living. To top it all off, there is a detached garage that offers plenty of storage and workshop space. Enjoy the friendly, well established neighborhood, close to schools, parks, and amenities, while living in a home designed to adapt your lifestyle. Call today to book your private showing! (id:39198)
Facts & Features
● Building Type
Other
● Year built
--
● Square Footage
908 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
--
● Neighbourhood
Thunder Bay
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: RE/MAX FIRST CHOICE REALTY LTD.
Home price
$389,900
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
$3,535/month
The payment includes
Rent
$3,047
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$488
Each month, $488 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
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
Buyback Price
$409,395
Cumulative Down Payment
$10,856
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,856
Buyback Price
$429,865
Cumulative Down Payment
$16,712
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,712
Buyback Price
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
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
$3,535/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
Recently Listed Homes in Thunder Bay, ON
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.