2705 16 Avenue
Coaldale, Alberta T1M1J8
3 beds• 3 baths• 1,446 sqft
Description
Built by your trusted local builder GRIZZLY RIDGE DEVELOPMENTS, this brand new townhouse in Coaldale’s vibrant new community of Malloy Landing offers exceptional craftsmanship and modern design. Now MOVE IN READY!! Featuring 3 bedrooms and 2.5 bathrooms, this thoughtfully designed home includes a chef’s kitchen with pantry, boot room off the back door, and rear parking pad. Choose upgrades like kitchen cabinets to the ceiling or heated floors in the master bathroom, and enjoy details such as a tiled master shower and upstairs laundry. You will love the natural light in your south facing window!Grizzly Ridge Developments once again showcases their commitment to quality and comfort in this upcoming build. Situated in Malloy Landing, a community neighboring the Birds of Prey Centre and woven with ponds, walking paths, parks, schools, and the new recreation center, this is the perfect place to call home. (id:39198)
Facts & Features
● Building Type
Row / Townhouse
● Year built
2025
● Square Footage
1,446 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
1
● Neighbourhood
--
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$425,000
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
$3,869/month
The payment includes
Rent
$3,325
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$544
Each month, $544 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
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
Buyback Price
$446,250
Cumulative Down Payment
$11,533
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,533
Buyback Price
$468,563
Cumulative Down Payment
$18,066
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,066
Buyback Price
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
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
$3,869/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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