1505 14 Av
Cold Lake, Alberta T9M1Z8
3+2 beds 3 baths 1,333 sqft
Description
This great bungalow offers plenty of room for the whole family! The bright main floor features large windows, high ceilings, hardwood and tile flooring, and an open-concept layout with a custom kitchen featuring Cambria countertops and an island, a roomy dining area, and a living room with a gas fireplace. The primary bedroom includes a gas fireplace, a walk-in closet, and a 3-piece ensuite with a tiled shower, along with 2 additional bedrooms and a main-level bathroom. The fully developed basement offers in-floor heat, a large family room with a dry bar, a spacious laundry room, 2 additional bedrooms, and a 3-piece bath. Outside, enjoy a fully fenced yard with a covered 12x16 deck with an NG BBQ hookup, a stamped concrete patio, an exposed aggregate and stamped concrete driveway and walkways, a large shed, and a double attached garage (220V P/I). Plenty of space to gather, relax, and make memories! (HWT replaced in 2024) (id:39198)
Facts & Features
● Building Type
House
● Year built
2011
● Square Footage
1,333 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Lakeridge Estates
● Land size
--
● Heating type
Forced air, In Floor Heating
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$449,900
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
$4,136/month
The payment includes
Rent
$3,522
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$613
Each month, $613 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
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
Buyback Price
$472,395
Cumulative Down Payment
$12,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,361
Buyback Price
$496,015
Cumulative Down Payment
$19,721
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,721
Buyback Price
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
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
$4,136/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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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.