7920 Argyll Rd
Edmonton, Alberta T6C4B1
3+2 beds• 2 baths• 1,123 sqft
Description
EXCELLENT VALUE! This solid bungalow located in the established Avonmore neighborhood is a perfect opportunity for first time buyers or investors. Featuring 5 bedrooms, 2 kitchens & SEPARATE ENTRANCE presenting lots of future possibilities! The main floor has a spacious living room with a large picture window allowing plenty of light, an elegant dining area with built in cabinetry, the kitchen has lots of counterspace. The main level is completed with 3 generous bedrooms & family bathroom. The fully finished basement has 2 bedrooms, large rec room, 2nd KITCHEN, bathroom & ample storage space. Shingles replaced in 2023, furnace replaced in 2015 and hot water tank replaced in 2023, Main floor new flooring. On large lot 15.50 x 36.50 meters (51 x 120 ft) with detached garage & large parking area & enclosed boat/RV parking space off back lane. In established community with boulevard trees & parks. Great location just off Argyll Road with easy access to transportation, shopping & schools. (id:39198)
Facts & Features
● Building Type
House
● Year built
1956
● Square Footage
1,123 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Avonmore
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
83 days
Home price
$360,000
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
$3,250/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
Buyback Price
$378,000
Cumulative Down Payment
$10,279
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,279
Buyback Price
$396,900
Cumulative Down Payment
$15,558
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,558
Buyback Price
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
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
$3,250/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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