2354 Mcara Street
Regina, Saskatchewan S4N2W3
3+2 beds 2 baths 837 sqft
Description
Welcome to this well cared for bungalow situated on a spacious double lot in the heart of Broders Annex. Offering 5 bedrooms and 2 updated bathrooms, this home is ideal for families, first time buyers, or investors looking for added flexibility and income potential. The fully developed basement is set up as a suite with two bedrooms, making it an excellent mortgage helper or comfortable space for extended family. The bright and functional main floor provides a practical layout with plenty of natural light and comfortable living spaces. Outside, the generous double lot offers an abundance of room for entertaining, gardening, kids, pets, or future possibilities. Completing the property is an insulated double detached garage with plenty of space for vehicles, storage, or a workshop. With updated bathrooms, numerous improvements throughout, and a convenient location close to schools, downtown, and everyday amenities, this move in ready home offers exceptional value with the added benefit of a double lot, income potential, and a fantastic yard. (id:39198)
Facts & Features
● Building Type
House
● Year built
1952
● Square Footage
837 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Broders Annex
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
115 days
Home price
$324,900
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
$2,916/month
The payment includes
Rent
$2,533
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$383
Each month, $383 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
$376,112
Cumulative Down Payment
$18,806
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,806
Buyback Price
$341,145
Cumulative Down Payment
$9,602
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,602
Buyback Price
$358,202
Cumulative Down Payment
$14,204
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,204
Buyback Price
$376,112
Cumulative Down Payment
$18,806
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,806
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
$2,916/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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