111 Rue Magnan
Beaumont, Alberta T4X0A5
3 beds 4 baths 1,295 sqft
Description
Welcome to 111 Rue Magnan, a spacious 1,295 sq ft half duplex in Montalet with an open floor plan. With 3 bedrooms and 4 bathrooms (2 full and 2 half), there is plenty of room to spread out, and air conditioning keeps summer days comfortable. The kitchen features an island and pantry, and the living room is anchored by a cozy gas fireplace. The upper level features a large primary bedroom with a walk-in closet and 4pc ensuite, joined by two more bedrooms. The fully finished basement adds flexible space for a home office, rec room or whatever suits your lifestyle. This is a great fit for first-time buyers, growing households or anyone who wants extra space. The single attached garage adds everyday convenience, and the yard is fenced & landscaped for easy outdoor enjoyment. Schools and parks are nearby, Edmonton city limits are about 5 minutes away, and the airport is just 15 minutes down the road. Everyday essentials are close by, so daily routines feel effortless. All this home needs is YOU! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2007
● Square Footage
1,295 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
--
● Neighbourhood
Montalet
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$380,000
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
$3,441/month
The payment includes
Rent
$2,969
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,898
Cumulative Down Payment
$21,995
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,995
Buyback Price
$399,000
Cumulative Down Payment
$10,665
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,665
Buyback Price
$418,950
Cumulative Down Payment
$16,330
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,330
Buyback Price
$439,898
Cumulative Down Payment
$21,995
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,995
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
$3,441/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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