Saskatoon, Saskatchewan S7M2S7
1 bed• 2 baths• 640 sqft
MOTIVATED SELLER! Calling all handy homeowners and savvy investors! This raised bungalow sits on a great lot in Saskatoon’s established King George neighbourhood, offering a rare mix of character, location, and upside potential. Upstairs, you’ll find a bright and functional layout with one bedroom and a full bathroom, filled with natural light from the front and side windows. Downstairs adds valuable extra living space with a spacious family room and a second bathroom — perfect for a rec room, home office, or extra guest space. Outside, the fully fenced backyard offers privacy for kids, pets, or entertaining, and the large single detached garage provides excellent storage and workshop potential — a rare find in this price range. A long concrete driveway offers plenty of additional parking. This home does need some TLC, making it an ideal opportunity for buyers looking to build sweat equity or investors seeking a solid rental in a high-demand area. Why King George? One of Saskatoon’s most established inner-city neighbourhoods, King George sits along the South Saskatchewan River and is known for its mature, tree-lined streets and strong sense of community. Residents enjoy easy access to the Meewasin Trail, Victoria Park, and over 40 acres of neighbourhood green space, along with amenities like a tennis and badminton club, pool, and skate park. King George School serves local families, and the neighbourhood is just minutes from Riversdale’s cafés and shops and Saskatoon’s downtown core — making it increasingly popular with first-time buyers, young professionals, and investors alike. (id:39198)
Home price
$249,900
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
$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.
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
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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next steps toward homeownership.