1718 Factoria
Windsor, Ontario N8Y4R3
5 beds 1 bath null
Description
First-time buyers, renovators and investors—bring your vision to 1718 Factoria! This 5-bedroom, 1-bath home offers hardwood flooring throughout, classic character and the opportunity to build equity through thoughtful updates. A full unfinished basement with a separate entrance provides additional storage and room for future possibilities. Located directly across from Factoria Park in Windsor’s historic Ford City neighbourhood, this property is a great opportunity for buyers ready to roll up their sleeves and make it their own. Whether you’re getting into the market or taking on your next renovation project, there’s plenty of potential here. (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
null
● Stories
1.5
● Bedrooms
5
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$229,900
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
$2,152/month
The payment includes
Rent
$1,921
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$231
Each month, $231 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
$266,138
Cumulative Down Payment
$13,307
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,307
Buyback Price
$241,395
Cumulative Down Payment
$7,769
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,769
Buyback Price
$253,465
Cumulative Down Payment
$10,538
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,538
Buyback Price
$266,138
Cumulative Down Payment
$13,307
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,307
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
$2,152/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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