Home Rent-to-Own Listings Windsor, Ontario 1109 Parkview Avenue

1109 Parkview Avenue

Windsor, Ontario N8S2X8

2 beds• 2 baths• 1,039 sqft

Description

Welcome to this beautifully maintained, full-brick raised ranch in the heart of highly sought-after Riverside! Originally designed as a 3-bedroom home and now offering 2 oversized bedrooms and 1.5 bathrooms, this property is an exceptional opportunity for first-time buyers looking for comfort, space and a location they'll love for years to come. Thoughtfully updated and lovingly cared for, the home offers inviting living spaces, plenty of natural light and the confidence of moving into a property that reflects true pride of ownership. But what truly sets this home apart is the incredible outdoor space! Situated on an exceptionally generous lot, the enormous, fully fenced backyard offers endless possibilities for entertaining, gardening, pets, family gatherings or simply enjoying your own private outdoor retreat. A detached 1.5-car garage adds valuable storage and versatility, while the property's unique position siding directly onto the Ganatchio Trail puts walking, cycling and outdoor adventures just steps from your door. Located in one of Windsor's most desirable neighbourhoods, close to parks, schools, shopping and all the conveniences Riverside has to offer, this is more than just a great first home. It's an opportunity to put down roots in a wonderful community, with room to enjoy today and possibilities for tomorrow. (id:39198)

Facts & Features

● Building Type

House

● Year built

1955

● Square Footage

1,039 sqft

● Stories

● Bedrooms

● Bathrooms

● Parking

● Neighbourhood

● Land size

● Heating type

Natural gas, Furnace

● Basement type

● Parking Type

● Time on REALTOR.ca

11 days

Home price

$469,900

Calculate my rent-to-own affordability

Initial Deposit

I want to start the program with
an initial down payment of

=2%

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

$4,358/month

The payment includes

Rent

$3,680

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$678

Each month, $678 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:

1 year2 years3 years

Year 3

Buyback Price

$543,968

Cumulative Down Payment

$29,397

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,397

Year 1

Buyback Price

$493,395

Cumulative Down Payment

$13,132

• Initial Deposit

$5,000

• Monthly Savings x 12 months

$8,132

Year 2

Buyback Price

$518,065

Cumulative Down Payment

$21,265

• Initial Deposit

$5,000

• Monthly Savings x 24 months

$16,265

Year 3

Buyback Price

$543,968

Cumulative Down Payment

$29,397

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,397

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

$4,358/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!

Calculate my rent-to-own affordability See Qualified Home Criteria

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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