Tuza Investments

Surrey B.C.

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!