576 Elinor
Windsor, Ontario N8P1E4
5 beds• 4 baths• 6,820 sqft
Description
Turnkey cash-flowing investment in a prime East Windsor location. Newly renovated legal duplex featuring a 3 bed / 2 bath lower unit and 2 bed / 2 bath upper unit, both with modern layouts and strong rental appeal. Laundry in both units. Designed for low operating costs with separate gas, hydro, and water meters, plus individual furnace and central A/C systems for each unit. Situated on an oversized lot approximately 169 feet deep with excellent ADU potential (buyer to verify), offering significant future income upside. Ideal for investors seeking strong rents, minimal maintenance, and long-term appreciation. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
6,820 sqft
● Stories
2
● Bedrooms
5
● Bathrooms
4
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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
$5,805/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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