516 K Avenue


Saskatoon, Saskatchewan S7M2E2

2 beds• 1 bath• 882 sqft

Description

Welcome to an exceptional brand-new bungalow currently under construction, offering quality construction, modern finishes, and outstanding value in Saskatoon’s core. This thoughtfully designed 2-bedroom, 1-bathroom home is perfect for first-time buyers, downsizers, or investors looking for a turnkey opportunity. Step inside to a bright, open-concept layout featuring contemporary finishes and stainless steel appliances, creating a clean and modern feel throughout. The efficient floor plan maximizes every square foot, offering comfortable living with plenty of natural light. The home also features a separate entry with the basement roughed-in for a future suite—an excellent opportunity to add a mortgage helper or create additional living space down the road. Located in on the edge of Riversdale in West Industrial, a centrally located neighbourhood, you’re just minutes from downtown Saskatoon, with easy access to the South Saskatchewan River, to parks, schools, transit routes, and everyday amenities. Enjoy nearby green spaces, local shops, and quick connections to Circle Drive, making commuting simple and convenient. Brand new, and full of potential—this is a smart investment in a growing area. (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

2026

● Square Footage

882 sqft

● Stories

--

● Bedrooms

2

● Bathrooms

1

● Parking

--

● Neighbourhood

West Industrial

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Unfinished, Full

● Parking Type

--

● Time on REALTOR.ca

117 days

Home price

$340,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$3,060/month

The payment includes

Rent

$2,652

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$408

Each month, $408 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:

1 year2 years3 years
Year 3

Buyback Price

$393,593

Cumulative Down Payment

$19,680

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$14,680

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

$3,060/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.