Sorry, This One Is Leased! - Handyman Special w/Basement Suite!
Available January 5, 2010
Are you a handyman looking for a home you can move in to and dramatically increase the value of? Then this is the house for you
This is a spacious and well laid-out bungalow with 1,250 square feet on the main floor, plus another 1,100 square feet in the basement.
It's a solid house located close to shopping and major transportation routes, and it has the potential to increase the value dramatically with some simple 'weekend warrior' level handy-man upgrades.
The main floor features three bedrooms and two baths, with a spacious kitchen and living area.
The basement is setup as a separate self-contained suite with two additional bedrooms and another full bathroom and kitchen.
Basement Suite
This great home has a self-contained two bedroom basement suite that could rent for around $800 per month.
With our program, you have the ability to sub-let the basement, and keep the rent you collect.
This lets you become a landlord, and you also get to pick the people that live below you.
Not only that, but the income you generate makes this home even more affordable. Not only are you turning into an owner, but you're securing your financial future by having a piece of investment real estate!
Lease To Own Details
You can OWN this house in as little as one year!
Lease to Own with No Bank Qualifying Required! Your purchase price is guaranteed for the length of your term.
At Lease To Own Calgary, we pride ourselves on making it very easy for you to become an owner, and have several options so you can choose what suits you best:
| Term Length | Down Payment Today | Monthly Payment |
| 1 Year | $5,000 | $2,300 |
| 1 Year | $10,000 | $2,050 |
| 1 Year | $15,000 | $1,800 |
| 2 Year | $5,000 | $2,100 |
| 2 Year | $10,000 | $1,850 |
| 2 Year | $15,000 | $1,600 |
No matter which option you choose, you will have accumulated a large enough down payment (as much as $19,800 depending on the option) that will get you qualified for a new mortgage and purchase the home from us. The purchase price of the home is fixed right from the start, so any future appreciation is YOURS!
If you are working with a larger (or slightly smaller) down payment, please let us know and we can provide you an updated monthly payment.
The monthly lease payments are all inclusive, and includes the Lease payment, the Option payment, property taxes, building insurance and condominium fees (if applicable). The only additional costs to you are your utilities and personal contents insurance (which is usually around only $20/mo).
A HUGE part of your monthly payment (as much as $900!) is added to your down payment and is put towards your purchase. This down payment growth program is a key component of getting you qualified for a mortgage. Remember, this monthly amount is put together with every penny of your down payment and put into your down payment growth plan.
During the term, you will work with our credit repair team to help you fix any credit issues you may have, and to get your credit back to 'perfect' so we can get you qualified for your own mortgage!
NOTE: We can customize a payment plan based on your financial situation. Call us at 403-720-0098 and let's get started on turning you into an owner NOW.
Work For Equity
In our Work For Equity program, you move into the house right now, and get a special deal on the house in exchange for performing some minor upgrades yourself.
Because we set the price of the house now, and that price is discounted in exchange for the work you will do, you benefit from the increase in property value you create by doing the upgrades. Your work builds the equity that you have in the house when you buy it from us at the end of the term.
This particular property needs some minor updating (paint, flooring, etc...), and a small amount of finish work. No structural, electrical, or plumbing work is required.
What to do Next
If you think this should be your new home, please apply here, or see the rest of our featured homes here.
Additional Details
Full Property Address:
244 Beddington Drive NE
Calgary, AB