Saskatoon, Saskatchewan S7H4C1
3+3 beds• 3 baths• 1,232 sqft
Exceptional Investment Opportunity Near the University of Saskatchewan. Don’t miss this incredible revenue opportunity in a highly desirable location just minutes from the University of Saskatchewan, 8th Street, parks, schools, transit, and a wide range of amenities. Situated on a spacious 50-foot corner lot and zoned R2, this well-maintained 1,232 sq. ft. bi-level offers excellent potential with a separate entry and a non-conforming basement suite. The bright main floor features a spacious front living room with laminate flooring, a functional dining area that flows into the kitchen overlooking the fully fenced backyard, 3 generously sized bedrooms, a convenient laundry area, a 4-piece bathroom, and a private 2-piece ensuite off the primary bedroom. The lower level is ideally set up for extended family or rental income, complete with its own separate entrance and heating source. The non-conforming suite includes a full kitchen and dining area, a comfortable living room, 3 bedrooms, a 4-piece bathroom, separate laundry, and excellent income potential. Additional features include all appliances for both the main floor and basement, a tankless water heater, underground sprinklers, rear parking, a storage shed, and plenty of room to add value over time. Hot water heating in the basement. Basement freshly painted. Trees recently removed. Some flooring in the basement recently redone. Whether you’re looking to expand your investment portfolio or purchase a home with mortgage-helper potential, this property is one you won’t want to miss. Basement freshly painted. (id:39198)
● Building Type
House
● Year built
1966
● Square Footage
1,232 sqft
● Stories
--
● Bedrooms
3+3
● Bathrooms
3
● Parking
--
● Neighbourhood
West College Park
● Land size
--
● Heating type
Baseboard heaters, Forced air, Natural gas, Hot Water
● Basement type
--
● Parking Type
--
● Time on REALTOR.ca
64 days
Home price
$414,900
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
$3,773/month
The payment includes
Rent
$3,245
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$528
Each month, $528 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
Buyback Price
$435,645
Cumulative Down Payment
$11,338
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,338
Buyback Price
$457,427
Cumulative Down Payment
$17,677
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,677
Buyback Price
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.