547 Oak
Windsor, Ontario N9A5E7
3 beds• 2 baths• 4,400 sqft
Description
Welcome to this 1.75 storey home in the downtown area. Close to the University of Windsor and USA Border. This home features two bdrms, one 4-piece bath on main floor, and another two bedrooms, one 3-piece bath on the second floor. The room at the back has a separate entrance and another kitchen can be easily added for a secondary unit or mother-in-law suite. Full basement with storage room & laundry area. Roof updated on 2019. Close to all amenities, bus route nearby. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
4,400 sqft
● Stories
1.75
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
63 days
Home price
$249,000
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
$2,346/month
The payment includes
Rent
$2,084
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$261
Each month, $261 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
$288,249
Cumulative Down Payment
$14,412
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,412
Buyback Price
$261,450
Cumulative Down Payment
$8,137
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,137
Buyback Price
$274,523
Cumulative Down Payment
$11,275
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,275
Buyback Price
$288,249
Cumulative Down Payment
$14,412
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,412
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
$2,346/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.
Speak to our team about your eligibility, monthly payments, and
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