623 Edinborough
Windsor, Ontario N8X3C8
4 beds• 2 baths• 5,041 sqft
Description
SELLER SUPER MOTIVATED! PRICED TO SELL! TURNKEY DUPLEX IN A PRIME LOCATION! An excellent opportunity for investors, first-time buyers, or multi-generational families! This well-maintained and updated property features two self-contained units. The main-floor unit offers 3 bedrooms, 1 full bathroom, a bright living area, and a functional layout ideal for comfortable family living. The spacious upper unit features 1 bedroom and 1 bathroom, providing excellent potential for additional rental income or extended family accommodations. Numerous updates throughout add value and peace of mind. Situated on a large lot with ample parking, this property is conveniently located within walking distance to parks, schools, restaurants, shopping, public transit, Devonshire Mall, and other everyday amenities. A fantastic opportunity to own a versatile income-producing property in a desirable location. Don't miss out! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1945
● Square Footage
5,041 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
2
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Baseboard heaters, Electric
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$389,000
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
$3,527/month
The payment includes
Rent
$3,040
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$487
Each month, $487 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
$450,316
Cumulative Down Payment
$22,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,516
Buyback Price
$408,450
Cumulative Down Payment
$10,839
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,839
Buyback Price
$428,873
Cumulative Down Payment
$16,677
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,677
Buyback Price
$450,316
Cumulative Down Payment
$22,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,516
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
$3,527/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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