2294 Byng
Windsor, Ontario N8W3E3
5+1 beds• 3 baths• 4,400 sqft
Description
This classic Walkerville duplex features two vacant units, ready for an owner-occupant or a savvy investor to select tenants and set market rents. Situated on a fenced corner lot, the property includes a detached double-car garage with a storage loft (offering potential for an added revenue stream), a fully finished basement, and separate en-suite laundry for both units. The property boasts natural light, hardwood floors, and character throughout. Main Floor Unit includes a sunroom, living room, formal dining room, kitchen, breakfast nook, 3 bedrooms (one with a walk-in closet), and a full bathroom. It also features direct access to the fully finished basement, which offers an additional bedroom, office/gym/bonus space, a second bathroom, and a walk-in closet as well as a walk-in cedar closet. Upper Unit features a living room, a kitchen with a bright breakfast nook, 2 bedrooms, laundry, and a full bathroom. Additional Features: Back deck, ample parking, separate hydro meters, separate hot water tanks, and Retrofit available upon request. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
--
● Square Footage
4,400 sqft
● Stories
2
● Bedrooms
5+1
● Bathrooms
3
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Heat Pump, Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$599,999
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
$5,806/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
$694,574
Cumulative Down Payment
$44,457
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,457
Buyback Price
$629,999
Cumulative Down Payment
$18,152
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,152
Buyback Price
$661,499
Cumulative Down Payment
$31,305
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,305
Buyback Price
$694,574
Cumulative Down Payment
$44,457
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,457
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
$5,806/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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