2230 Retallack Street
Regina, Saskatchewan S4T0C7
3 beds 4 baths 1,914 sqft
Description
Welcome to 2230 Retallack St in the sought-after Cathedral Neighbourhood. This property offers an excellent opportunity to supplement mortgage payments with rental income or accommodate your family under one roof. The property has been expertly converted and fully renovated into 4 separate legal suites.The main floor features an office area that can easily be transformed into a bedroom, alongside a spacious living room with a wood-burning fireplace, a kitchen and a dining area. The basement includes two dens currently utilized as bedroom 4 piece bathroom and designated spaces for utility storage and laundry the 2nd floor has two self contained bachelor suites while the third floor contains one bedroom unit. Additionally, a large fully insulated garage with 220 amp is equipped with a rough in for gas hook up providing further potential. (id:39198)
Facts & Features
● Building Type
House
● Year built
1913
● Square Footage
1,914 sqft
● Stories
2.5
● Bedrooms
3
● Bathrooms
4
● Parking
--
● Neighbourhood
Cathedral RG
● Land size
--
● Heating type
Baseboard heaters, Natural gas, Hot Water
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
90 days
Home price
$395,000
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
$3,584/month
The payment includes
Rent
$3,088
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$496
Each month, $496 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
$457,262
Cumulative Down Payment
$22,863
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,863
Buyback Price
$414,750
Cumulative Down Payment
$10,954
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,954
Buyback Price
$435,488
Cumulative Down Payment
$16,909
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,909
Buyback Price
$457,262
Cumulative Down Payment
$22,863
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,863
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
$3,584/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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