Starting at:
$3,735/month

Nw - 16531 116 St


Edmonton, Alberta T5X4B2

3 beds 2 baths 1058 sqft

Home price

$398,800

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

Monthly Payment

$3,735/month

The payment includes

Rent

$3,232

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

• Est. Mortgage Costs

$2,701

• Est. Property Tax

$332

• Est. Insurance

$199

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

Monthly savings

$502

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

$461,661

Cumulative Down Payment

$23,083

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$18,083

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

Description

The wait is finally over! This beautifully kept bi-level home features 3+1 bedrooms and 2 bathrooms, making it an excellent choice for families or anyone needing extra room. Recent updates include a newer roof, windows, fence, and deck. The fully finished basement offers great potential for an in-law suite or additional living space. Step outside to a spacious fenced yard with fruit trees and plenty of room for RV parking. An oversized double garage adds even more value, perfect for a workshop or extra storage. (id:39198)

Rent-to-Own This Home for

$3,735/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

1980

Square Footage

1058 sqft

Stories

Bedrooms

3

Bathrooms

2

Parking

Neighbourhood

Dunluce

Land size

Heating type

Forced air

Basement type

Finished, Full

Parking Type

Time on REALTOR.ca

0 days

Brokerage Name: RE/MAX River City

Powered by: REALTOR.ca

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