1208 College Avenue
Regina, Saskatchewan S4P1A9
2+1 beds 2 baths 878 sqft
Description
Welcome to 1208 College Avenue, a cozy character bungalow full of warmth, charm, and opportunity! Lovingly cared for by its homeowners, this inviting home features gleaming hardwood floors, 9-foot ceilings on the main floor, and a welcoming living space filled with character. The kitchen offers upgraded oak cabinetry, a breakfast counter overlooking the dining and living areas, and upgraded appliances, including a dishwasher, fridge, and stove. Two bedrooms and an updated 4-piece bathroom complete the main floor. Downstairs, you’ll find a spacious family room, an additional bedroom, a 3-piece bathroom, a laundry area, and a separate kitchen. With its own separate entrance, the basement offers excellent flexibility and potential for rental income. Step outside to enjoy the private, fully fenced backyard with a nice-sized patio, mature trees, shrubs, and a welcoming front lawn. Two gravel parking spaces at the rear, along with ample street parking, add to the convenience. Ideally located close to schools, Wascana Centre, and downtown, this home offers a wonderful opportunity for first-time buyers, those looking to downsize, or investors seeking their next property (id:39198)
Facts & Features
● Building Type
House
● Year built
1940
● Square Footage
878 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
General Hospital
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
56 days
Home price
$249,900
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
$2,355/month
The payment includes
Rent
$2,092
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$263
Each month, $263 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
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
Buyback Price
$262,395
Cumulative Down Payment
$8,155
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,155
Buyback Price
$275,515
Cumulative Down Payment
$11,310
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,310
Buyback Price
$289,290
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
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
$2,355/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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