4812 Malmo Rd
Edmonton, Alberta T6H4L6
2+1 beds• 3 baths• 1,152 sqft
Description
Extensively updated, this 1,150 sq ft bungalow offers a versatile layout with exceptional flexibility for growing families, in-laws, or live-in nanny. The open-concept main floor showcases bamboo flooring, exposed wood beam ceiling, double-sided gas fireplace, large centre island with custom eating bar, and metal shutters on main floor windows. The fully renovated kitchen features granite countertops, built-in oven, gas cooktop, stainless steel appliances, and soft-close cabinetry with pull-out storage throughout. The spacious primary suite boasts a custom walk-in closet and 5-piece ensuite with floor-to-ceiling tile, while a second bedroom and convenient 2-piece bath complete the main level. The fully finished basement features a second kitchen, spacious family room with a second gas fireplace, bedroom, den, and full bath. Upgraded electrical and newer windows. Enjoy the west-facing backyard with two-tier deck, fire pit area & double detached garage. Only a 7-minute walk to Southgate, LRT & amenities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1963
● Square Footage
1,152 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Malmo Plains
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
94 days
Home price
$549,000
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
$5,239/month
The payment includes
Rent
$4,307
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$932
Each month, $932 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
$635,536
Cumulative Down Payment
$38,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,554
Buyback Price
$576,450
Cumulative Down Payment
$16,185
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,185
Buyback Price
$605,273
Cumulative Down Payment
$27,369
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,369
Buyback Price
$635,536
Cumulative Down Payment
$38,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,554
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
$5,239/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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Have Questions About Rent-to-Own? Let's Talk.
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