636 Cabana
Windsor, Ontario N9G1A4
3+1 beds• 2 baths• 9,388 sqft
Description
A Great Value and Potential for this 3/4 bedroom 2 bath Ranch on a generous corner lot in South Windsor next to school. This brick ranch features newer Furnace and Central Air remodeled main bath, and replaced roof. It also has a large eat in kitchen, generous living room and master bedroom, two spacious bedrooms and a lower level waiting to be finished to it true potential with family room, 2 bedrooms, and possible kitchen and 3 to 4 pce bath, this could be great potential for added rental space to help pay off faster. This home has a generous yard and great neighbors, it also has an oversized one car attached garage with parking for four cars and storage shed. This home also has solar panels on roof which after contract term will be owned by lucky homeowner and must be assumed. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
9,388 sqft
● Stories
1
● Bedrooms
3+1
● 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
$489,900
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
$4,581/month
The payment includes
Rent
$3,839
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$742
Each month, $742 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
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
Buyback Price
$514,395
Cumulative Down Payment
$13,904
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,904
Buyback Price
$540,115
Cumulative Down Payment
$22,808
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,808
Buyback Price
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
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
$4,581/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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