1961 Montreal Street
Regina, Saskatchewan S4P1L4
4 beds 2 baths 2 sqft
Description
ATTENTION INVESTORS & FIRST-TIME BUYERS! Outstanding Revenue Property close to down town. Incredible income potential with this versatile revenue property featuring 3 separate suites between 2 buildings. Ideally situated within easy walking distance to down town and the General Hospital, this location is highly sought-after by tenants and healthcare professionals alike. Enjoy ultimate neighborhood convenience with schools, parks, premier shopping, and popular restaurants just minutes away. Whether you choose to cash-flow ALL 3 units as a solid investment or live in one while renting out the other two, this property is ready for its new owners to make it their own. Don't miss out—schedule your viewing today! (id:39198)
Facts & Features
● Building Type
House
● Year built
1929
● Square Footage
2 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
2
● Parking
--
● Neighbourhood
General Hospital
● Land size
--
● Heating type
Forced air, Electric, Natural gas
● Basement type
Full
● Parking Type
--
● Time on REALTOR.ca
61 days
Home price
$199,000
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
$1,879/month
The payment includes
Rent
$1,698
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$181
Each month, $181 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
$230,367
Cumulative Down Payment
$11,518
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,518
Buyback Price
$208,950
Cumulative Down Payment
$7,173
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,173
Buyback Price
$219,398
Cumulative Down Payment
$9,346
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$4,346
Buyback Price
$230,367
Cumulative Down Payment
$11,518
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,518
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
$1,879/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
Recently Listed Homes in Regina, SK
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.