919 20 Avenue Southeast


Calgary, Alberta t2g1m4

1 bed• 1 bath• 936 sqft

Description

BUILDERS, DEVELOPERS & VISIONARY FLIPPERS: THIS ONE WON’T LAST! 25 FT X 110 FT LOT OPPORTUNITIES like this rarely hit the market in the heart of Ramsay on one of the most desirable streets... and when they do, they go fast. This south facing property is an ideal redevelopment and premium inner-city lot, in one of Calgary’s most talked-about growing corridors. The location is hard to match. You’re steps from the future Green Line LRT station, all the charm of the Ramsay community, the Calgary Zoo, craft breweries, and the boutique shopping and dining of historic Inglewood, with the river and pathways just minutes away. Transit-oriented growth, walkability, and strong neighborhood demand all point in the same direction. Build your vision. Calgary has been actively encouraging infill and density in established communities, and nearby parcels around the Green Line station area carry mixed-use and higher-density designations. This property has R-C2 zoning which allows for many future plans for open minded builders with a vision. Homes may include a secondary suite or backyard suite in this current zoning.Inner-city lots with this much potential do not last long! Book your showing now before someone else beats you to it! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1905

● Square Footage

936 sqft

● Stories

1.5

● Bedrooms

1

● Bathrooms

1

● Parking

--

● Neighbourhood

Ramsay

● Land size

--

● Heating type

Forced air

● Basement type

Unfinished, Partial

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$519,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,905/month

The payment includes

Rent

$4,069

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$836

Each month, $836 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:

1 year2 years3 years
Year 3

Buyback Price

$600,807

Cumulative Down Payment

$35,081

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$30,081

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

$4,905/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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