166 Lanark Gate Southeast
Airdrie, Alberta T4A3R7
4 beds• 3 baths• 1,690 sqft
Description
Welcome to 166 Lanark Gate, proudly built by Sterling Homes Calgary! This well-designed duplex offers the perfect blend of comfort, function, and flexibility. A main floor bedroom and full bath are ideal for guests, family, or a quiet office, while the vaulted bonus room gives everyone space for movie nights, play, or relaxing. The bright main floor features LVP, triple pane and added windows, quartz countertops with undermount sinks, and an electric fireplace with paint-grade mantel and tile below. Kitchen includes stainless steel appliances, chimney hood fan, built-in microwave, pendant lighting, pull-out waste bin, and gas line for future range. Enjoy a side entrance, 9' basement walls, rear landing with BBQ gas line, and a 3-piece ensuite with tiled fiberglass shower. This energy-efficient home is Built Green certified and includes triple-pane windows, a high-efficiency furnace, and a solar chase for a solar-ready setup. With blower door testing, this home is designed for sustainable, future-forward living. Featuring a full range of smart home technology, this home includes a programmable thermostat, ring camera doorbell, smart front door lock, smart and motion-activated switches—all seamlessly controlled via an Amazon Alexa touchscreen hub. Photos are representative. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2026
● Square Footage
1,690 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
3
● Parking
2
● Neighbourhood
Lanark
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
61 days
Home price
$499,947
Initial Deposit
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Your Monthly Payment
$4,693/month
The payment includes
Rent
$3,918
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$578,751
Cumulative Down Payment
$32,875
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,875
Buyback Price
$524,944
Cumulative Down Payment
$14,292
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,292
Buyback Price
$551,192
Cumulative Down Payment
$23,583
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,583
Buyback Price
$578,751
Cumulative Down Payment
$32,875
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,875
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
$4,693/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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Have Questions About Rent-to-Own? Let's Talk.
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