2064 Elphinstone Street
Regina, Saskatchewan S4T3N4
3 beds 2 baths 1,700 sqft
Description
This 2.5-storey fixer-upper offers plenty of potential in Regina’s desirable Cathedral neighbourhood. The 2nd floor features 3 bedrooms, with 2 additional dens on the 3rd floor. The home also includes 2 full bathrooms and a basement with for storage space. (id:39198)
Facts & Features
● Building Type
House
● Year built
1914
● Square Footage
1,700 sqft
● Stories
2.5
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Cathedral RG
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$219,999
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
$2,051/month
The payment includes
Rent
$1,836
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$215
Each month, $215 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
$254,676
Cumulative Down Payment
$12,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,734
Buyback Price
$230,999
Cumulative Down Payment
$7,578
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,578
Buyback Price
$242,549
Cumulative Down Payment
$10,156
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,156
Buyback Price
$254,676
Cumulative Down Payment
$12,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,734
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
$2,051/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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