2228 Lorne Avenue
Saskatoon, Saskatchewan S7J0R9
2+1 beds• 1 bath• 861 sqft
Description
Bright, clean, and move-in ready! This charming home offers beautifully refinished hardwood floors and several important updates, including a new furnace installed in October 2023 and new shingles on the garage. Enjoy the fully fenced backyard, complete with a spacious deck featuring built-in seating—perfect for relaxing or entertaining. Situated in an established neighbourhood with mature trees and a welcoming community atmosphere, this affordable property is an excellent opportunity for first-time buyers, those looking to downsize, or anyone seeking a comfortable place to call home. Great value and plenty of charm—don't miss your chance to view this home! (id:39198)
Facts & Features
● Building Type
House
● Year built
1928
● Square Footage
861 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
1
● Parking
--
● Neighbourhood
Exhibition
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$369,900
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
$3,345/month
The payment includes
Rent
$2,889
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$456
Each month, $456 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
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
Buyback Price
$388,395
Cumulative Down Payment
$10,470
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,470
Buyback Price
$407,815
Cumulative Down Payment
$15,940
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,940
Buyback Price
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
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
$3,345/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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