5626 Prairie Ridge
Blackfalds, Alberta T4M0B5
2+2 beds 3 baths 1,096 sqft
Description
Move in ready, this upgraded 4 bedroom Bi Level features a spacious tiled entry , walk up into your vaulted living space with a feature wall with brick accents , laminate wood flooring and a gas fireplace . The kitchen with white soft close cabinets , an island , a generous sized pantry along with a new stove, dishwasher and garburator. The large primary bedroom features a 4 pc ensuite & walk-in closet, along with a 4 pc bathroom and an 2nd main floor bedroom. The basement features a large family room with an additional 2 bedrooms with a 4 pc bathroom and a lower level laundry room with a new washer and dryer. This home has Central AC, GEMSTONE Lighting , fresh landscaping and a brand new 24 x 24 garage with 10 foot walls with a 9 foot door with epoxy flooring. This fully finished garage will fit an over sized truck and has multiple electrical outlets with LED lighting. (id:39198)
Facts & Features
● Building Type
House
● Year built
2012
● Square Footage
1,096 sqft
● Stories
--
● Bedrooms
2+2
● Bathrooms
3
● Parking
2
● Neighbourhood
Cottonwood Estates
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$455,000
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
$4,192/month
The payment includes
Rent
$3,563
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$630
Each month, $630 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
$526,719
Cumulative Down Payment
$27,672
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,672
Buyback Price
$477,750
Cumulative Down Payment
$12,557
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,557
Buyback Price
$501,638
Cumulative Down Payment
$20,115
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,115
Buyback Price
$526,719
Cumulative Down Payment
$27,672
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,672
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
$4,192/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
Recently Listed Homes in Blackfalds, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.