Windsor, Ontario N8X4C9
3 beds• 2 baths• 854 sqft
Estate sale! Welcome to 1397 Marentette Avenue, a character-filled two-storey home situated on a spacious corner lot in an established Windsor neighbourhood. Offering plenty of potential for renovators, investors or buyers looking to create something of their own, this property features hardwood flooring throughout portions of the main floor, traditional living and dining areas, a covered front porch and a generously sized yard with no rear residential neighbours! Additional features include unfinished attic space and a basement with storage, workshop and recreation areas. With its classic brick exterior, generous outdoor space and traditional character, this home presents an excellent opportunity for buyers prepared to undertake renovations and make it their own. Property is being sold strictly in ""as is, where is"" condition. The Seller, acting as Estate Trustee, makes no representations or warranties of any kind, express or implied, regarding the property, its condition, systems, fixtures, chattels or improvements. Buyers are responsible for conducting their own inspections, investigations and due diligence and satisfying themselves regarding all aspects of the property prior to submitting an offer. (id:39198)
Home price
$215,000
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
$2,001/month
The payment includes
Rent
$1,794
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$207
Each month, $207 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$248,889
Cumulative Down Payment
$12,444
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,444
Buyback Price
$225,750
Cumulative Down Payment
$7,481
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,481
Buyback Price
$237,038
Cumulative Down Payment
$9,963
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$4,963
Buyback Price
$248,889
Cumulative Down Payment
$12,444
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,444
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.