5140 Simard Avenue
Regina, Saskatchewan S4V3W5
3 beds• 4 baths• 1362 sqft
Description
Welcome to 5140 E Simard Ave, located in The Towns in East Regina. This thoughtfully designed property offers the perfect blend of modern living and investment potential, featuring a regulation 1 bedroom suite with separate sidewalk and side entry, a great opportunity to live in style and convenience while generating additional rental income. As you step inside, you are greeted with 9ft ceilings, large windows with top-down bottom-up blinds that allow the natural light to flood in without sacrificing privacy as well as durable luxury vinyl plank flooring that flows through the entire home. The kitchen boasts white cabinetry, quartz countertops, tiles backsplash and stainless steel appliances with induction stove. A 2 piece bath with vanity and a generous size closet for additional storage finish off the main level. Upstairs, the vinyl plank flooring and natural light continue to flow into the primary bedroom with walk-in closet and ensuite that consist of a large double vanity and walk-in showing. 2 more bedroom, a 4 piece bath and laundry room with additional cabinetry and quartz countertops. All bedrooms upstairs come with black out blinds and ceiling fans with remotes. The quartz countertops, white cabinetry and luxury vinyl plank flooring continue to the lower level suite with galley style kitchen, in-suite laundry and air exchanger. The exterior and mechanical upgrades make life easy. Front and back underground sprinklers controlled by Rachio app, Eco bee thermostat. The detached heated and insulated garage, Wi-Fi enabled garage remotes, 100amp panel, 240v, and wired internet. The corner lot not only gives added yard space, but also allows for additional street parking along the side. This neighborhood is known for its abundance of playgrounds, walking paths and green space, close proximity to shopping, groceries, gas and restaurants as well as medical clinics and pharmacies, with everyday convenience just minutes away at Acre 21 and Victoria East amenities. (id:39198)
Rent-to-Own This Home for
$5,923/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 rent builds your future down payment. After your lease (usually 1–3 years), you get the option to buy.
Facts & Features
Building Type
House
Year built
2021
Square Footage
1362 sqft
Stories
2
Bedrooms
3
Bathrooms
4
Parking
Neighbourhood
The Towns
Land size
Heating type
Forced air, Natural gas
Basement type
Finished, Full
Parking Type
Time on REALTOR.ca
1 day
Brokerage Name: 2 Percent Realty Refined Inc.
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Home price
$595,000
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Monthly Payment
$5,923/month
The payment includes
Rent
$4,843
Rent is in-line with home carrying costs which includes:
• Est. Mortgage Costs
$4,050
• Est. Property Tax
$496
• Est. Insurance
$298
Rent is rent and it won't be deducted from the buyback price.
Monthly savings
$1,080
The amount of savings you need to put aside in addition to your initial down payment to achieve your savings goal
Buyback
Here is the final price if I buy the house after:
Buyback Price
$688,787
Cumulative Down Payment
$43,879
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,879
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Description
Welcome to 5140 E Simard Ave, located in The Towns in East Regina. This thoughtfully designed property offers the perfect blend of modern living and investment potential, featuring a regulation 1 bedroom suite with separate sidewalk and side entry, a great opportunity to live in style and convenience while generating additional rental income. As you step inside, you are greeted with 9ft ceilings, large windows with top-down bottom-up blinds that allow the natural light to flood in without sacrificing privacy as well as durable luxury vinyl plank flooring that flows through the entire home. The kitchen boasts white cabinetry, quartz countertops, tiles backsplash and stainless steel appliances with induction stove. A 2 piece bath with vanity and a generous size closet for additional storage finish off the main level. Upstairs, the vinyl plank flooring and natural light continue to flow into the primary bedroom with walk-in closet and ensuite that consist of a large double vanity and walk-in showing. 2 more bedroom, a 4 piece bath and laundry room with additional cabinetry and quartz countertops. All bedrooms upstairs come with black out blinds and ceiling fans with remotes. The quartz countertops, white cabinetry and luxury vinyl plank flooring continue to the lower level suite with galley style kitchen, in-suite laundry and air exchanger. The exterior and mechanical upgrades make life easy. Front and back underground sprinklers controlled by Rachio app, Eco bee thermostat. The detached heated and insulated garage, Wi-Fi enabled garage remotes, 100amp panel, 240v, and wired internet. The corner lot not only gives added yard space, but also allows for additional street parking along the side. This neighborhood is known for its abundance of playgrounds, walking paths and green space, close proximity to shopping, groceries, gas and restaurants as well as medical clinics and pharmacies, with everyday convenience just minutes away at Acre 21 and Victoria East amenities. (id:39198)
Rent-to-Own This Home for
$5,923/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 rent builds your future down payment. After your lease (usually 1–3 years), you get the option to buy.
Facts & Features
Building Type
House
Year built
2021
Square Footage
1362 sqft
Stories
2
Bedrooms
3
Bathrooms
4
Parking
Neighbourhood
The Towns
Land size
Heating type
Forced air, Natural gas
Basement type
Finished, Full
Parking Type
Time on REALTOR.ca
1 day
Brokerage Name: 2 Percent Realty Refined Inc.
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Recently Listed Homes in Regina, SK
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Our team is ready to help you navigate the rent-to-own process.
Just provide your information and preferred language. We‘ll take care of the rest!