1208 Bond Street
Regina, Saskatchewan S4N1W9
2+1 beds 2 baths 936 sqft
Description
Welcome to 1208 Bond Street! This well-maintained bi-level is a fantastic opportunity for investors or buyers looking to offset their mortgage with rental income. The bright main floor features 2 bedrooms, 1 bathroom and updated windows, while the fully LEGAL 1-bedroom basement suite offers its own separate power and gas, providing privacy and convenience for both units. The home also features two updated furnaces and a common utility/laundry area shared between the suites. Outside, you’ll find an oversized detached garage, RV parking and a fully fenced backyard that backs onto green space and a playground — a great bonus for families, kids and pets. With tenants currently in place in both suites and interested in staying, this property offers immediate income potential. Whether you’re looking to add to your investment portfolio or live upstairs while the basement suite helps with the mortgage, 1208 Bond Street offers flexibility, functionality and excellent value. (id:39198)
Facts & Features
● Building Type
House
● Year built
1969
● Square Footage
936 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Glen Elm Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
87 days
Home price
$329,910
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
$2,964/month
The payment includes
Rent
$2,572
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$392
Each month, $392 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
$381,912
Cumulative Down Payment
$19,096
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,096
Buyback Price
$346,406
Cumulative Down Payment
$9,699
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,699
Buyback Price
$363,726
Cumulative Down Payment
$14,397
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,397
Buyback Price
$381,912
Cumulative Down Payment
$19,096
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,096
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
$2,964/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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