Rent to Own Deal Freehold Townhouse In Bowmanville, Ontario – July 16, 2014 Sold

$318,224 3 bd, 2 ba, 1800 sqft

Tenant / Buyer Information:

Husband and Wife have been caught in the rat race of paying rent and have finally saved enough of a down payment to start their path towards home ownership through our Rent to Own program. They have 2 beautiful kids, they currently live in Scarborough and have decided to raise their family in a nice quiet community in the Durham Region. They fell in love with a beautiful home located in Bowmanville this past weekend and are looking for your help.

Employment Information:

Husband is an independent driver and has been doing this line of work for over 12 years.
Wife works for the school board as a “Designated Early Childhood Educator”.

Financial Information

Household Income $90,000
They have a down payment of $7000 plus first and last month’s rent.
Rent will be $1850 with $200 in credits each month.

They have agreed to the following buy out prices:

Year 1 Buyout Price = $294,216 (no option)
Year 2 Buyout Price = $305,985
Year 3 Buyout Price = $318,224

Rent To Own provided by Smart Home Choice Inc.

Property Details

Price:
$318,224
City:
Bowmanville
State:
Ontario
Terms:
For Sale
Property Type:
Townhouse
Square Feet:
1800
Bedrooms:
3
Bathrooms:
2
Basement:
unfinished

Additional Features

Beautiful, Bright And Spacious End Unit Townhouse. This Three Bedroom Three Bath Townhouse Is In A Sought After Area In Bowmanville. Updates Have Recently Been Done To All Bathrooms, Kitchen, New Garden Doors, New Flooring, Garage Door And Opener, Driveway 2011, Roof 2008. Upstairs You Will Find Master With Walk In Closet, Completely Renovated 3Pc Ensuite, Two Other Good Sized Bedrooms And Updated Main Bath. Extras: Front Foyer, Dining room Looks Into Updated Kitchen With Eat In Area With Garden Doors That Lead You Out To The Completely Private Backyard With Its Own Little Path That Leads You Up To A Private Sitting Area. Finished Rec With W/O To Garage.

Call 1-800-506-8813 for more details

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