405 W Avenue S


Saskatoon, Saskatchewan S7M3J6

2+1 beds 1 bath 848 sqft

Description

Excellent starter home on a large 50 ft lot in Meadowgreen. This 848 Sq Ft bungalow offers affordable entry into home ownership with numerous upgrades for peace of mind. The home has fiberglass shingles, upgraded PVC windows, a stunning bathroom with an acrylic soaker tub and ceramic tile, paint and flooring throughout. The basement has a good start for development including insulated exterior walls, framing and electrical. It is set up for a large family room a third bedroom and a second washroom. Much of the materials for the washroom are there including a corner shower and the toilet. Outside offers fantastic privacy with a covered deck and a ground level patio. It is fully fenced with a separately fenced off compound behind the garage with an access gate to the ally for storage of items you would like out of site or to use as additional parking. The driveway is complete with rubber paving leading to a 14 x 24 detached garage. The home has also had mechanical upgrades that include a high efficient furnace and water heater and central air conditioning. All appliances are included: fridge, stove, washer, dryer and deep freeze. This home is well kept and is move in ready with the opportunity to build some equity by completing the basement. Try the Virtual Tour for a full walk through of the property. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1961

● Square Footage

848 sqft

● Stories

--

● Bedrooms

2+1

● Bathrooms

1

● Parking

--

● Neighbourhood

Meadowgreen

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Partially finished, Full

● Parking Type

--

● Time on REALTOR.ca

1 day

Home price

$274,900

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

$2,496/month

The payment includes

Rent

$2,193

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

Monthly Savings

$303

Each month, $303 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

$318,231

Cumulative Down Payment

$15,912

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$10,912

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

$2,496/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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