Thunder Bay, Ontario P7E4W3
4 beds• 3 baths• 1,573 sqft
Spacious and well-located 5-bedroom family home featuring 2 full bathrooms and 1 half bath, perfect for growing or multi-generational families. This home offers a large eat-in kitchen ideal for family meals, a bright and comfortable living room, and a generous lower-level rec room-perfect for entertaining, a play area, or a home theatre. Situated on a desirable corner lot, the property includes a spacious yard with plenty of room to enjoy outdoor living. Conveniently located close to schools, parks, and all essential amenities, this home combines space, comfort, and location in one great package. (id:39198)
● Building Type
Other
● Year built
--
● Square Footage
1,573 sqft
● Stories
1.75
● Bedrooms
4
● Bathrooms
3
● Parking
--
● Neighbourhood
Thunder Bay
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$345,900
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
$3,116/month
The payment includes
Rent
$2,699
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$417
Each month, $417 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
$400,422
Cumulative Down Payment
$20,021
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,021
Buyback Price
$363,195
Cumulative Down Payment
$10,007
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,007
Buyback Price
$381,355
Cumulative Down Payment
$15,014
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,014
Buyback Price
$400,422
Cumulative Down Payment
$20,021
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,021
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
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?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.