Calgary, Alberta T2B2H9
3+2 beds 2 baths 1,025 sqft
Imagine starting your day with coffee by the window, looking out over the beautiful grounds of St. Damien School. For children who attend St. Damien, school drop-off is a walk across the street! That’s the kind of everyday perk you’ll love about this five-bedroom Dover bungalow on a 5,188 sq. ft. corner lot.Step in from the covered front porch and you’ll see why the living room steals the show. Sunlight pours through a wall of windows, and a white-mantel electric fireplace makes this the place everyone wants to be when the snow starts falling. The kitchen is made for busy mornings and big Sunday dinners, with rich espresso cabinetry, stainless steel appliances, generous prep space, and a window over the sink looking out to the backyard. Three bedrooms, a full bath, and an adjoining dining area round out the 1,021 sq. ft. main floor.Downstairs, a separate exterior entrance leads to a two-bedroom illegal suite currently occupied by a long-term tenant and generating steady rental income. The suite has its own kitchen, living and dining areas, and a full bath. And wait until you see the garage! Heated and detached, this double garage has 10-foot ceilings, 220-volt wiring, and overhead storage. Set up the workbench you’ve always wanted and get back to those weekend projects, even in a Calgary winter. When summer rolls around, hook up the BBQ, bring dinner out to the concrete patio, and enjoy a low-maintenance gravel yard with extra off-street parking.Picture your mornings here, then come see where you’ll spend your weekends! Book your showing today. (id:39198)
Home price
$575,000
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
$5,528/month
The payment includes
Rent
$4,513
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,016
Each month, $1,016 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
Buyback Price
$603,750
Cumulative Down Payment
$17,188
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,188
Buyback Price
$633,938
Cumulative Down Payment
$29,376
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,376
Buyback Price
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.