1197 Albert
Windsor, Ontario N8Y3P5
4 beds• 2 baths• 3,622 sqft
Description
EXCELLENT OPPORTUNITY FOR INVESTORS OR FIRST TIME HOME BUYERS TO OWN A WELL-MAINTAINED DUPLEX IN EAST WINDSOR, CONVENIENTLY LOCATED WITHIN WALKING DISTANCE TO THE FORD PLANT. EACH UNIT OFFERS 2 BDRMS AND 1 FULL BATH PROVIDING STRONG RENTAL POTENTIAL. THE UPPER UNIT FEATURES ITS OWN PRIVATE BALCONY AND IN-SUITE LAUNDRY. THE FULL BASEMENT OFFERS EXCELLENT CEILING HEIGHT AND A SEPARATE GRADE ENTRANCE, MAKING IT IDEAL FOR A FUTURE IN-LAW SUITE OR ADDITIONAL LIVING SPACE (BUYER TO VERIFY). AMPLE PARKING AND GREAT INCOME POTENTIAL MAKE THIS A FANTASTIC INVESTMENT OR OWNER-OCCUPIED OPPORTUNITY. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
--
● Square Footage
3,622 sqft
● Stories
1.75
● Bedrooms
4
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$299,900
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
$2,739/month
The payment includes
Rent
$2,396
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
Buyback Price
$314,895
Cumulative Down Payment
$9,120
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,120
Buyback Price
$330,640
Cumulative Down Payment
$13,239
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,239
Buyback Price
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
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
$2,739/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.
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