507 Wiseman Ln
Edmonton, Alberta T6T1N5
3+1 beds• 3 baths• 1,109 sqft
Description
Welcome to this spacious, original-owner 4-level split with a double attached garage, ideally located in the popular Wild Rose community of Southeast Edmonton! Thoughtfully cared for and designed for comfortable family living, this home offers 4 generous bedrooms, 3 bathrooms and plenty of room to spread out. Enjoy two separate living rooms—perfect for entertaining, relaxing or creating a dedicated family space. The functional multi-level layout provides excellent separation between the living and sleeping areas, while the fully finished basement offers valuable additional space for recreation, guests, a home office or storage. The double attached garage provides secure parking and everyday convenience. Located in a sought-after, family-friendly neighbourhood close to parks, trails, schools, shopping and major commuter routes. A fantastic opportunity to own a spacious, well-loved home in one of Southeast Edmonton’s most popular communities! (id:39198)
Facts & Features
● Building Type
House
● Year built
2000
● Square Footage
1,109 sqft
● Stories
--
● Bedrooms
3+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Wild Rose
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
71 days
Home price
$449,999
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 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
$520,930
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,499
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,124
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,930
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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
$4,137/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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