102 Madison Avenue
Cornwall, Prince Edward Island C0A1H5
3+1 beds• 4 baths• null
Description
Four bedrooms, four bathrooms, electrically heated, with attached garage, and open concept living area on a quiet street in the highly desired town of Cornwall. This home has ample room for a large family, complete with primary ensuite, laundry amongst the bedrooms, and closets that won't keep you looking for more space. Tucked in the cul de sac away from any traffic, literal steps away from the T3 bus route while being within walking distance to all amenities and close to schools. All measurements are approximate and should be verified if deemed necessary. (id:39198)
Facts & Features
● Building Type
House
● Year built
2010
● Square Footage
null
● Stories
--
● Bedrooms
3+1
● Bathrooms
4
● Parking
--
● Neighbourhood
Cornwall
● Land size
--
● Heating type
Baseboard heaters, Radiant heat, Electric, Wall Mounted Heat Pump, Ductless
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$449,000
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
$4,125/month
The payment includes
Rent
$3,515
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$610
Each month, $610 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
$519,774
Cumulative Down Payment
$26,977
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,977
Buyback Price
$471,450
Cumulative Down Payment
$12,326
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,326
Buyback Price
$495,023
Cumulative Down Payment
$19,652
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,652
Buyback Price
$519,774
Cumulative Down Payment
$26,977
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,977
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
$4,125/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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