248 Ferry Road
Cornwall, Prince Edward Island C0A1H4
3 beds• 3 baths• null
Description
248 Ferry Road, Cornwall Discover modern living in this sleek, newly completed semi-detached home in Cornwall. Featuring 1,895 square feet of thoughtfully designed living space, this stylish two-storey property offers a bright, open-concept layout with contemporary finishes, large windows, and beautiful water views. The main floor is designed for comfortable everyday living and entertaining, with a spacious living room, modern kitchen, and dining area flowing seamlessly together. Upstairs, you?ll find three generously sized bedrooms, including an impressive primary suite featuring a sitting area, walk-in closet, and private ensuite. A second full bathroom and convenient upper-level laundry complete the floor. With 3 bedrooms, 2.5 bathrooms, an attached garage, and a full unfinished basement offering additional potential, this home provides plenty of room for families, professionals, or anyone looking for a modern lifestyle in a desirable Cornwall location. Enjoy the perfect combination of contemporary style, spacious living, and scenic water views in this beautiful new home! Listing agent is part owner. (id:39198)
Facts & Features
● Building Type
House
● Year built
2026
● Square Footage
null
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Cornwall
● Land size
--
● Heating type
Baseboard heaters, Electric, Wall Mounted Heat Pump
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$469,000
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
$4,348/month
The payment includes
Rent
$3,673
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$675
Each month, $675 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
$542,926
Cumulative Down Payment
$29,293
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,293
Buyback Price
$492,450
Cumulative Down Payment
$13,098
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,098
Buyback Price
$517,073
Cumulative Down Payment
$21,195
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,195
Buyback Price
$542,926
Cumulative Down Payment
$29,293
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,293
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
$4,348/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
Recently Listed Homes in Cornwall, PE
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.