** rent to own ** in stirling
This listing has expired and no longer available for rent
** Rent to Own **
Barley Trail, Stirling, ON
February, 29, 2024
added
$2,500
Utilities not included
| Main Features |
|---|
| Townhouse3 bedrooms1628 Sqft2.5 baths2 parking spotsAC one-year lease |
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mobile fallback
desktop fallback
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| Other Features |
| Has Yard Has Laundry In Building Has Dishwasher Has Fridge |
| Description |
| Wonderful rent to own opportunity if you need a little time to qualify for a mortgage. Move in now with only a 5% upfront down payment and take 1 year to qualify for your mortgage to officially make it your own. Take advantage of this opportunity now while it lasts! - Beautiful end unit townhouse - 3 bedrooms - 2.5 bathrooms - Ensuite master bathroom - Stone countertops - Stainless steel appliances - 1628 square feet - Close to Stirling Public School - Close to Ruth Thompson Middle School The monthly payment includes rent of $2,500/month (+utilities) + $625/month towards your down payment = total monthly payment of $3,125. That’s $7,500 ($625 x 12 months) in additional down payment funds towards your purchase. The balance due at the end of 1 year will be: $574,500 price - $28,500 (5%) down payment - $7,500 additional down payment = $538,500. At the end of the 1 year term you will need to qualify for your own mortgage with your mortgage broker or bank and then the house will transfer to you at the closing when you qualify for your own mortgage and officially make this home your own. As with all rent to own agreements, since the plan is that you will be the new owner of this home in 1 year, all maintenance & repairs will be your responsibility during the 1 year that you will be living in the house before you qualify for your own mortgage. 82 Barley Trail, Stirling Please message if you are interested. |