3494 Caribou Crescent
Windsor, Ontario N8W5V4
3+2 beds 2 baths 4,289 sqft
Description
WELCOME TO THIS WELL-MAINTAINED RAISED RANCH HOME LOCATED IN THE HIGHLY DESIRABLE DEVONSHIRE HEIGHTS NEIGHBOURHOOD! THIS PROPERTY OFFERS A SINGLE CAR GARAGE, 3+2 BEDROOMS & 2 FULL BATHROOMS. MAIN FLOOR FEATURES 3 SPACIOUS BEDROOMS, LIVING ROOM, OPEN CONCEPT KITCHEN & EAT-IN DINING AREA. THE LOWER LEVEL HAS BEEN FULLY RENOVATED & CONVERTED INTO A SECOND UNIT, OFFERING 2 ADDITIONAL BEDROOMS, A FAMILY ROOM, FULL KITCHEN WITH EAT-IN DINING AREA, FULL BATHROOM, LAUNDRY/UTILITY ROOM & STORAGE SPACE. CURRENTLY LOWER UNIT IS TENANT-OCCUPIED, WITH THE TENANT WILLING TO STAY, OFFERING AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING RENTAL INCOME, OR VACANT POSSESSION AVAILABLE! NUMEROUS RECENT UPDATES & IMPROVEMENTS INCLUDE FRESH PAINT THROUGHOUT, FULLY RENOVATED LOWER LEVEL WITH ENERGY REPORT AVAILABLE, NEW ENERGY STAR-RATED WINDOWS WITH A 25-YEAR WARRANTY, UPDATED ATTIC INSULATION, ROOF WITH APPROXIMATELY 4 YEARS OF WARRANTY REMAINING & A SMART THERMOSTAT! THE FULLY FENCED BACKYARD OFFERS PLENTY OF SPACE FOR CHILDREN, PETS & OUTDOOR ENTERTAINING. CONVENIENTLY LOCATED CLOSE TO SHOPPING, SCHOOLS, PARKS, WALKING TRAILS & ALL ESSENTIAL AMENITIES. AN EXCELLENT OPPORTUNITY FOR FAMILIES, MULTIGENERATIONAL LIVING OR INVESTORS ALIKE! (id:39198)
Facts & Features
● Building Type
House
● Year built
2002
● Square Footage
4,289 sqft
● Stories
--
● Bedrooms
3+2
● 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
$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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