2015 Lorne Avenue


Saskatoon, Saskatchewan S7J0R4

3+1 beds• 1 bath• 1,008 sqft

Description

Welcome to 2015 Lorne Avenue, where timeless character meets thoughtful modern upgrades in a location that's hard to beat! Tucked along a quieter stretch of Lorne Avenue, this charming raised bungalow has a view of Thornton Park while keeping you just minutes from the river, downtown, Broadway, and some of Saskatoon's favourite amenities. From the moment you step inside, you'll appreciate the warmth and character that make this home feel special. Natural light fills the living room and dining space with natural hardwood floors and classic arched features connect the space. The kitchen offers a practical layout with a view of the backyard, while three comfortable bedrooms and a 4-piece bathroom complete the main floor. The rear entrance connects to the basement, where you will find a fourth bedroom is already in place. The remaining undeveloped space offers a blank canvas with plenty of room to create a generous family room, additional bathroom, and storage to suit your needs. The backyard features a patio space, room for gardening, and a detached garage for keeping your car out of the elements. Additionally this home has had a significant investment made in its comfort and efficiency. Upgrades include an updated electrical service, triple-pane windows throughout most of the home, a high-efficiency furnace with UV + HEPA filtration, a premium heat pump system for supplemental heating and central air conditioning, and a tankless hot water system. These meaningful improvements bring modern-day comfort to a home filled with original charm. Whether it's enjoying the nearby park with the kids, exploring the nearby river trails, or heading out to Broadway for coffee and dinner, this is a location that helps create a lifestyle you’ve always wanted. A wonderful combination of character, flexibility, and efficiency in an established neighbourhood you'll love calling home! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1930

● Square Footage

1,008 sqft

● Stories

--

● Bedrooms

3+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

$379,900

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

$3,440/month

The payment includes

Rent

$2,968

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

Monthly Savings

$472

Each month, $472 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

$439,782

Cumulative Down Payment

$21,989

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,989

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

$3,440/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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