744 Mckay
Windsor, Ontario N9B2A1
3 beds• 1 bath• 2,705 sqft
Description
An excellent opportunity for first-time buyers, downsizers, or investors! This well-kept, move-in-ready home offers 3 spacious bedrooms, a bright and functional kitchen with plenty of cabinetry, a comfortable living area, a 4-piece bathroom with a jacuzzi tub, and convenient main-floor laundry. Recent improvements include fresh paint, updated plumbing and electrical, and new flooring. The exterior offers attractive landscaping, a private driveway, and a fully fenced backyard with plenty of room to enjoy. Situated in a convenient location just minutes from schools, parks, shopping, public transit, and the University of Windsor. With affordable property taxes, proven rental income potential, and immediate possession available, this property offers exceptional value! Seller reserves the right to accept or reject any offers at their sole discretion. Offers to be viewed November 2, time TBD. (id:39198)
Facts & Features
● Building Type
House
● Year built
1971
● Square Footage
2,705 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
3 days
Home price
$249,900
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
$2,355/month
The payment includes
Rent
$2,092
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$263
Each month, $263 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
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
Buyback Price
$262,395
Cumulative Down Payment
$8,155
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,155
Buyback Price
$275,515
Cumulative Down Payment
$11,310
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,310
Buyback Price
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
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
$2,355/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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