88 Carl Ave
Thunder Bay, Ontario P7B4Z5
3 beds• 3 baths• 2,000 sqft
Description
Welcome to 88 Carl Avenue, a beautifully finished 4-bedroom, 3-bathroom home offering approximately 2,500 sq ft of living space on one of Thunder Bay's most sought-after streets. Inside, triple-pane windows and high ceilings fill the home with natural light, while solid wood trim, baseboards, and railings showcase a level of craftsmanship rarely found in newer construction. The main floor offers three distinct living areas plus a separate dining room, a soundproofed den ideal as a home office, media room, or music space, and a large eat-in kitchen with a gas line and natural gas dryer hookup. Upstairs, the spacious primary bedroom is joined by two additional large bedrooms and a 4-piece bath. The fully finished basement adds a bedroom, a 3-piece bath with heated floors and a glass shower, a workshop, and abundant storage. Enjoy 200-amp copper electrical service and a large, beautifully landscaped backyard complete with a gazebo, garden space, and shed — perfect for entertaining. Ideally located on a quiet, established, and safe street close to everything Thunder Bay has to offer. Don't miss this exceptional opportunity! (id:39198)
Facts & Features
● Building Type
Other
● Year built
1937
● Square Footage
2,000 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Thunder Bay
● Land size
--
● Heating type
Baseboard heaters, Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
68 days
Home price
$549,900
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
$5,249/month
The payment includes
Rent
$4,314
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$935
Each month, $935 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
$636,578
Cumulative Down Payment
$38,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,658
Buyback Price
$577,395
Cumulative Down Payment
$16,219
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,219
Buyback Price
$606,265
Cumulative Down Payment
$27,439
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,439
Buyback Price
$636,578
Cumulative Down Payment
$38,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,658
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
$5,249/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.