Surrey B.C.

2866 160th St.

Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.
Image for 2866  160th St.

RENT TO OWN at its Best

Welcome to the “Morgan 7″ a boutique of 7 brownstone inspired single family homes reminiscent of the great homes of New York City. Built to the highest standards your new home is now ready!

There are 4 left to choose from and available to RENT TO OWN!

The best neighbourhood in the lower mainland, with the sought after top rated South Ridge School just blocks away.

Brand new elementary school is also in immediate neighborhood.

Morgan Heights offers a sophisticated green lifestyle. Extensive walking trails with greenery yet so close to White Rock this neighbourhood is reserved for the elite.

These homes are designed with elegance in mind. Designer kitchens with modern designed cabinets with soft close cabinet doors and imported quarts countertops and tiles and equipped with a full set of high end Samsung appliances.

This great room open concept style home has 3 bedrooms and 2 bathrooms up, of which one is fabulous  master ensuite with soaker tub, separate shower and double vanities. There is also a built in vacuum   system and a Heat pump for efficient heating and cooling as well as a 3rd bathroom on the main floor.

The basement boasts a fully finished 2 Bed Legal Suite  with full Kitchen ,  2 bedrooms,
a full bathroom and  In Suite laundry.
Room Information

Floor Type Dimensions
Main Living Room 16′ x 12’6
Main Dining Room 12′ x 11’6
Main Kitchen 8’8 x 11’6
Main Laundry 17′ x 6′
Main Den 10’6 x 11’6
Main Entrance Hall 7’8 x 5′
Above Master Bedroom 16’10 x 12’6
Above Bedroom 19’10 x 10’4
Above Bedroom 10’6 x 9’4
Below Living Room 16’4 x 18’8
Below Kitchen 8′ x 6′
Below Bedroom 9’4 x 11’6
Below Bedroom 10′ x 10’8
Below Storage 17′ x 6′

 

Rent to Own Plan   (plans from 1 to 5 years are available)

Term   -   3 Years

Purchase price – $729,000.00 (price is fixed for the term of deal)

Minimum Down Payment – $20,000.00 (More is better less is possible)

Monthly Rent                    – $   3500.00

Monthly Rent Credit $600.00 (Goes towards your down payment on closing)

 

Actual Cost per month to you.   = Monthly Payment – $3500.00                                                                                       

                                          Less Monthly Rent Credit – $  600.00

                                         Less Suite Rental Income – $ 900.00

                                            Net monthly cost to you –  $ 2000.00

 This also includes the property taxes and insurance you still need to have renter’s contents insurance.                     

Based on a 3 year deal at the end of the rental period you will have credit towards the final purchase of the home.

 Initial down payment                          = $20,000.00

Monthly rent credits 36 x $600.00      = $21,600.00

Total                                                    = $41,600.00 (Equals 5.7% of purchase price)

 Most need a minimum of 5% down to get the mortgage.  

Ask us about a plan that is designed for you!

2866 160th St.
Surrey B.C.

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Please call Call 778.878.4526 or you can fill out the form below and we’ll get back to you shortly.

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Lease to own for:
$ 3,500 per mo.

Min. Down Payment: $20000
  • Size: 2480 sq ft
  • Lot Size: 2807 sq ft
  • Bedrooms: 5
  • Bathrooms: 4
  • 2 car garage
  • Date available: TBD
  • Total rooms: 14
  • Basement: 2 Bedroom Suite
  • Patio
  • Floors: 3
  • Year built: 2012