11455 111a Av
Edmonton, Alberta T5G0E9
3+2 beds• 4 baths• 1,146 sqft
Description
IN A GREAT CENTRAL LOCATION...THIS IS THE HOME YOU HAVE BEEN WAITING FOR! The Main floor AND the Lower LEGAL SUITE WITH A PRIVATE ENTRANCE were both PROFESSIONALLY Renovated in 2021. The bright, open main floor features 3 spacious Bedrooms, a NEW kitchen with Quartz counters, a LARGE center island/breakfast bar, plus a SIZEABLE front window that floods the home with light. Other highlights include a 3-piece ensuite with a big WALK-IN shower, another 4-piece bathroom, Main Floor Laundry and access to a HUGE (16'x16') South facing Deck. The Lower LEGAL SUITE is PERMITTED and features Independent Grade Level entry, SOUNDPROOFING, a FULL sized kitchen with a center island/eating bar, PRIVATE Laundry PLUS...2-BEDROOMS & 2-FULL BATHROOMS that makes it perfect for shared accomodation! The home continues to impress with a New (2008) DOUBLE Garage, NEW SIDEWALKS, & Central A/C. Close to Downtown, Nait, the Royal Alex, and transit, the home is perfect for Owners and Investors wanting EXTRA INCOME-THIS IS THE ONE! (id:39198)
Facts & Features
● Building Type
House
● Year built
1953
● Square Footage
1,146 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
4
● Parking
4
● Neighbourhood
Prince Rupert
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
94 days
Home price
$563,600
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
$5,401/month
The payment includes
Rent
$4,422
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$979
Each month, $979 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
$652,437
Cumulative Down Payment
$40,244
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,244
Buyback Price
$591,780
Cumulative Down Payment
$16,748
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,748
Buyback Price
$621,369
Cumulative Down Payment
$28,496
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,496
Buyback Price
$652,437
Cumulative Down Payment
$40,244
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,244
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
$5,401/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
Recently Listed Homes in Edmonton, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.