SOUTH REGINA: 3-bedroom Albert Park Estates 2-storey townhouse. Included: washer, dryer, fridge, stove, water heater (rented).
Main Floor: Foyer, 2pc bath, kitchen, dining room, living room w/ gas fireplace.
2nd Floor: 3 bedrooms, 3pc bath, 4pc bath, +Den can be a 4th bedroom.
Basement: Utility room, laundry room, direct entry to underground parking.
Parking: 2-car underground parking spots.
Property Tax: $261 monthly (TIPPS, January 1, 2024)
Heater Type: Gas
Living Area: 1,615 sq.ft.
RENT TO OWN:
• Selling Price: $270,000 (1 to 5-year contract.) Renter must have mortgage pre-approval from the bank before the end of contract.
• $1,900 monthly rent. Utilities included in monthly rent are water & heat, power is excluded. Condo fee of $662 monthly is also included. Renter should pay an initial deposit of $6,000 (down payment) before occupancy date. Monthly rent also includes $200 that will be credited to renter as monthly down payment deposit.
• The initial deposit of $6,000 and the total accumulated monthly credit will be forfeited if one or more of the following occurs;
• Renter moves out before the end of the contract.
• Renter decided not to buy the house on or before the end of the contract.
• Renter violates one or more of the conditions in the contract.
Required to Qualify:
• Proof of Income (e.g. Certificate of Employment, pay slips)
• Latest Income Tax Return or Notice of Assessment
• Minimum credit score of 500 points.
