8 Penswood Place Southeast
Calgary, Alberta T2A4T5
2+1 beds• 2 baths• 1,102 sqft
Description
Enjoy the best of peaceful living in this updated bungalow, ideally situated on a quiet cul-de-sac directly across from a park! Offering approximately 2,000 sq. ft. of fully developed living space, this 3-bedroom, 2-bathroom home combines quality craftsmanship, modern updates and exceptional outdoor living. Step inside to discover a renovated kitchen and bathrooms, complemented by a bright, open-concept great room that creates a warm and inviting space for everyday living and entertaining. The spacious primary bedroom is a private retreat, featuring a walk-in closet, additional wardrobe storage and direct access to your backyard oasis. Designed for enjoying every season, the private backyard features a relaxing hot tub, pergola-covered entertaining area and a dedicated BBQ space, perfect for summer gatherings and quiet evenings outdoors. The fully developed basement adds valuable living space with an additional bedroom, full bathroom, recreation room and plenty of storage. Car enthusiasts, hobbyists and those needing extra workspace will appreciate the large heated garage, complete with 9-foot ceilings, built-in cabinetry and newer roofing. A fantastic opportunity to enjoy a move-in-ready home with beautiful indoor and outdoor living, a park-front location and the added privacy of cul-de-sac living. Exceptional value, book your private showing today! OPEN HOUSE on Sunday from 2 to 4 PM. (id:39198)
Facts & Features
● Building Type
House
● Year built
1975
● Square Footage
1,102 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
2
● Parking
2
● Neighbourhood
Penbrooke Meadows
● Land size
--
● Heating type
Forced air, In Floor Heating
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$534,900
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
$5,082/month
The payment includes
Rent
$4,195
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$887
Each month, $887 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
$619,214
Cumulative Down Payment
$36,921
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,921
Buyback Price
$561,645
Cumulative Down Payment
$15,640
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,640
Buyback Price
$589,727
Cumulative Down Payment
$26,281
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$21,281
Buyback Price
$619,214
Cumulative Down Payment
$36,921
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,921
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
$5,082/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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