Starting at:
$4,552/month

11716 42 Av


Edmonton, Alberta T6M1A7

3 beds 3 baths 1363 sqft

Home price

$475,000

Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments

Monthly Payment

$4,552/month

The payment includes

Rent

$3,858

Rent is in-line with home carrying costs which includes:

• Est. Mortgage Costs

$3,225

• Est. Property Tax

$396

• Est. Insurance

$238

Rent is rent and it won't be deducted from the buyback price.

Monthly savings

$694

The amount of savings you need to put aside in addition to your initial down payment to achieve your savings goal

Buyback

Here is the final price if I buy the house after:

1 year2 years3 years

Buyback Price

$549,872

Cumulative Down Payment

$29,987

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,987

There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!

Description

Outstanding CUL-DE-SAC location in Royal Gardens! Surrounded by great schools & parks, close to Whitemud, Southgate, LRT! This 1350sf bungalow has lots of charm with a large vaulted ceililng living room featuring a full wall of south facing windows. The kitchen is large with tons of storage in beautiful original character wood cabinets. There are 3 bedrooms up & 1.5 bathrooms. The basement is finished with a beautiful separate entrance suite. There are newer large windows in the 2 basement bedrooms & lots of space for the second kitchen, dining & rec room. Shared laundry & utilities at the bottom of the stairs. The fenced backyard has a concrete pad, sheltered grass area with a shed & a gravel pad with lots of space for a future double garage at the back alley. (id:39198)

Rent-to-Own This Home for

$4,552/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 rent builds your future down payment. After your lease (usually 1–3 years), you get the option to buy.

Facts & Features

Building Type

House

Year built

1966

Square Footage

1363 sqft

Stories

1

Bedrooms

3

Bathrooms

3

Parking

Neighbourhood

Royal Gardens (Edmonton)

Land size

Heating type

Forced air

Basement type

Finished, Full

Parking Type

Time on REALTOR.ca

2 days

Brokerage Name: MaxWell Challenge Realty

Powered by: REALTOR.ca

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