Calgary, Alberta T2K0Z5
2+2 beds• 3 baths• 910 sqft
EXCELLENT INVESTMENT & DEVELOPMENT OPPORTUNITY IN HIGHLAND PARK! Situated on a generous 40' x 120' lot in a desirable inner-city location, this detached bungalow presents an exceptional opportunity for investors, builders, developers, or buyers looking to renovate and add value. Whether you're considering a renovation, a new custom home, or exploring future redevelopment potential, this property offers plenty of possibilities.The main level features a bright, open-concept living and kitchen area, two spacious bedrooms, a full 4-piece bathroom, an additional 2-piece bathroom, and access to a generous front deck. The developed basement offers additional living space, two bedrooms, a 3-piece bathroom, and a private entrance.The home has benefited from updates including cabinetry, appliances, flooring, and paint, providing a solid starting point for further improvements or renovations.Outside, the fully fenced property features a private yard, a single detached garage, and additional rear parking with convenient back-lane access.Located in the established community of Highland Park, this property offers excellent access to downtown Calgary, major commuter routes, schools, parks, shopping, and everyday amenities. With its substantial lot size and convenient inner-city location, this is an excellent opportunity to renovate, build new, or hold as a long-term investment, with redevelopment subject to municipal approvals. Bring your vision and explore the possibilities this property has to offer. Book your private showing today! (id:39198)
Home price
$550,000
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
$5,250/month
The payment includes
Rent
$4,315
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$935
Each month, $935 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
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
Buyback Price
$577,500
Cumulative Down Payment
$16,223
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,223
Buyback Price
$606,375
Cumulative Down Payment
$27,446
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,446
Buyback Price
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
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.