918 Mckay
Windsor, Ontario N9B2A5
3 beds 1 bath 3,240 sqft
Description
ATTENTION INVESTORS – PRIME LOCATION WITH EXCELLENT INCOME POTENTIAL! Ideally situated approx. 1 km from the University’s main campus and the St. Denis Centre, this property presents an excellent opportunity for investors looking to capitalize on strong rental demand in a desirable, student-friendly location. Both destinations are approximately a 15-minute walk away! Offering 3–4 potential bedrooms, a spacious living area, and a fully fenced backyard with a relaxing deck, this home provides plenty of flexibility and potential for rental income. Additional features include a front driveway, a full unfinished basement offering future development potential. Whether you're looking to expand your investment portfolio, explore student rental opportunities, or add value through future improvements, this property is full of possibilities. Don't miss your chance to invest in a location that puts convenience and opportunity front and centre! Call today to book your private viewing! (id:39198)
Facts & Features
● Building Type
House
● Year built
--
● Square Footage
3,240 sqft
● Stories
1.75
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas, Furnace
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$199,900
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
$1,888/month
The payment includes
Rent
$1,705
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$183
Each month, $183 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
$231,409
Cumulative Down Payment
$11,570
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,570
Buyback Price
$209,895
Cumulative Down Payment
$7,190
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,190
Buyback Price
$220,390
Cumulative Down Payment
$9,380
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$4,380
Buyback Price
$231,409
Cumulative Down Payment
$11,570
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,570
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
$1,888/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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