Rent-To-Own Town House in Sylvan Lake Alberta
Status: Available
Rent-To-Own this 3 Bedroom corner unit town house in Downtown Sylvan Lake, 2 blocks from main marina/ water.
Location/Neighborhood: Sylvan Lake, Alberta/ Downtown
Type/Size: Town house/ 1,421 sq ft
Bed/Bath: 3 bed/ 2 bath
Parking: Off street parking. NO YARD.
Today's Price: $263,000
Base Rent: $1,500 (includes condo fees, water & sewer)
Minimum Down Payment: $8,000
Vendor will Finance: Up to 2 years
For Sale By: Realtor
Pets: Small, but no cats
- Rent to own larger corner unit with advantage of
extra windows, light and views. Spacious upper loft area with large bath can be used as bedroom office or artist studio with a view.
- Rainbow park is conveniently located just west of Sylvan Lake Golf and Country Club, 2 blocks north of the main Marina. These units are very flexible to own as residential/recreational and/or revenue properties. They qualify for 5% down as second residence or multi owner recreational financing.
- This owner occupied unit was just renovated and owners have replaced fridge, stove and dishwasher with new upgraded Stainless Steel models. New flooring and designer painted. Will sell with or without furnishings.
- Options on furnishings are available.
Example deal with $8000 down for a 24 month lease. Your total monthly payment would be $1900, with a $400/mo credit back (plus down payment) towards the purchase price when you buy. This gives you $17,600 (or ~6.5%) towards your purchase price at the end of your lease, a perfect down payment plus closing costs for mortgage purposes. This is an example - other terms available.
More Pictures
1. Note: Owner requires you to have reliable income and at least 3% down payment or $5000, whichever is greater*, to be considered for this property (*unless otherwise shown).
3. Links to Important Information
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Rent-to-Own Example
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Other Available Properties
Note: if you are already on our pre-screened buyers' list, you are invited to email us with the MLS# of other properties you like (visit www.mls.ca) and we will contact the Realtor on your behalf to see if the vendor will consider providing short-term financing such as a rent-to-own.