11147 97 St
Edmonton, Alberta T5G1W9
3 beds• 2 baths• 1,012 sqft
Description
Welcome to this charming 1,012 SF, 2-storey home nestled on a 33' x 120' Lot in a beautiful, mature neighbourhood just minutes from the heart of Downtown and Chinatown! The bright main floor features a welcoming living room, functional kitchen, and a convenient bedroom with a large window. Upstairs offers two additional bedrooms and a full 4-piece bathroom. The basement adds valuable flex space, a 3-piece bathroom, laundry area, and newer washer and dryer. Enjoy unbeatable convenience with quick access to Kingsway Mall, grocery stores, Royal Alexandra Hospital, public transit, schools, and everyday amenities. Whether you're a first-time buyer looking to build equity, an investor seeking a solid buy-and-hold opportunity, or envisioning future redevelopment, this property offers incredible potential in a central and established location. Enjoy the charm of a mature community with excellent connectivity, everyday convenience, and exciting long-term possibilities. Don't miss your chance to make it yours! (id:39198)
Facts & Features
● Building Type
House
● Year built
1922
● Square Footage
1,012 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Alberta Avenue
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
73 days
Home price
$174,800
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
$1,628/month
The payment includes
Rent
$1,486
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$142
Each month, $142 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
$202,353
Cumulative Down Payment
$10,118
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,118
Buyback Price
$183,540
Cumulative Down Payment
$6,706
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$1,706
Buyback Price
$192,717
Cumulative Down Payment
$8,412
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$3,412
Buyback Price
$202,353
Cumulative Down Payment
$10,118
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$5,118
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
$1,628/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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next steps toward homeownership.