1908 Herman Avenue


Saskatoon, Saskatchewan S7M0M8

2+2 beds• 2 baths• 912 sqft

Description

LOCATION, UPGRADES & INCOME POTENTIAL! This gorgeous raised bungalow is just steps from the river and beautiful Saskatchewan Crescent West, offering an incredible combination of location, modern renovations, and a LEGAL 2-bedroom suite! The main floor has been beautifully updated with a brand-new kitchen, stunning white quartz countertops, new vinyl plank flooring throughout, and a bright, welcoming layout featuring 2 spacious bedrooms. Major upgrades are already taken care of, including a brand-new boiler, shingles replaced approximately 5 years ago with all-new roof sheeting, and a freshly paved asphalt driveway! Downstairs, you'll find a fully legal 2-bedroom suite with a fantastic long-term tenant who would love to stay, making this an excellent opportunity for homeowners looking for mortgage-helping rental income or savvy investors! Outside, the impressive 50-foot lot offers a huge, fully fenced backyard with plenty of room to enjoy. The 28-foot-long single detached garage provides exceptional storage space, while the oversized lot offers potential for an additional double detached garage. There's also a long double driveway for tenant or RV parking and a unique attic space with its own stairwell access, adding even more versatility to this already impressive property. Live upstairs, rent downstairs, and enjoy one of Saskatoon's most desirable river-adjacent locations! With extensive renovations, major mechanical upgrades, a legal income suite, and an unbeatable location, this is the kind of opportunity that doesn't come along every day. Come see it for yourself! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1953

● Square Footage

912 sqft

● Stories

--

● Bedrooms

2+2

● Bathrooms

2

● Parking

--

● Neighbourhood

Buena Vista

● Land size

--

● Heating type

Baseboard heaters, Natural gas, Hot Water

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$475,000

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

$4,415/month

The payment includes

Rent

$3,721

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

Monthly Savings

$694

Each month, $694 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

$549,872

Cumulative Down Payment

$29,987

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,987

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

$4,415/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.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

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

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