29 Mcmurchy Avenue
Regina, Saskatchewan S4R3G3
3+1 beds 1 bath 962 sqft
Description
Welcome to 29 McMurchy Ave in Regina! This 962 sq. ft. half-duplex offers 4 bedrooms and 1 bathroom in a great neighbourhood close to Albert Street, schools, shopping, restaurants, and plenty of other amenities. The home features new shingles being installed before November 15th, newer windows, updated flooring, and several other recent updates. Enjoy the fully fenced yard with plenty of outdoor space. A great opportunity for first-time buyers, families, or investors looking for an affordable property in a convenient location. (id:39198)
Facts & Features
● Building Type
Other
● Year built
1968
● Square Footage
962 sqft
● Stories
--
● Bedrooms
3+1
● Bathrooms
1
● Parking
--
● Neighbourhood
Coronation Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
55 days
Home price
$224,900
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
$2,101/month
The payment includes
Rent
$1,878
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$223
Each month, $223 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
$260,350
Cumulative Down Payment
$13,017
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,017
Buyback Price
$236,145
Cumulative Down Payment
$7,672
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,672
Buyback Price
$247,952
Cumulative Down Payment
$10,345
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,345
Buyback Price
$260,350
Cumulative Down Payment
$13,017
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,017
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
$2,101/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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