11206 85 St
Edmonton, Alberta T5B3C7
1 bed• 1 bath• 498 sqft
Description
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. 2 Lots next to Stadium LRT train station. They are zoned R9. 66 feet X 150 feet I think. Addresses are 11206-85 st and 11202-85 st. about 66'W X 120'L, 2 lots with a house. Basically land value only. RIGHT across from the LRT station. Zoned R-9! Good commercial development site. Lots of potential development options with approval from the city. (id:39198)
Facts & Features
● Building Type
House
● Year built
1948
● Square Footage
498 sqft
● Stories
1
● Bedrooms
1
● Bathrooms
1
● Parking
--
● Neighbourhood
Parkdale (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
897 days
Home price
$590,000
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
$5,695/month
The payment includes
Rent
$4,631
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,064
Each month, $1,064 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
$682,999
Cumulative Down Payment
$43,300
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,300
Buyback Price
$619,500
Cumulative Down Payment
$17,767
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,767
Buyback Price
$650,475
Cumulative Down Payment
$30,533
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,533
Buyback Price
$682,999
Cumulative Down Payment
$43,300
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,300
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
$5,695/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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