20743 40 Av
Edmonton, Alberta T6M3G1
3 beds 3 baths 1,881 sqft
Description
Beautifully designed home blending sophisticated finishes w/ practical family living. Features 9' ceilings on main & bsmt levels, dbl attached garage w/ floor drain, sep side entry & LVP flooring thru main. Inviting foyer leads to a main flr bdrm, ideal for guests, office or multi-gen living, plus a convenient 2-pce bath. Bright open-concept kitchen, great rm & nook feature lrg windows & sliding patio doors to backyard. Kitchen boasts generous quartz counters, island w/ flush eating ledge, built-in microwave, full-height tile backsplash, chimney-style hood fan, Silgranit undermount sink, soft-close cabinetry & lrg walk-thru pantry connecting to mud rm & garage entry. Great rm includes FP. Upstairs offers a bright primary suite w/ substantial W/I closet & 5-pce ensuite w/ tub, W/I shower & dbl sinks. Bonus rm, 3-pce bath, laundry & 2 addl bdrms complete the upper level. Black plumbing/lighting, upgraded railings & bsmt rough-in pkg incl. (id:39198)
Facts & Features
● Building Type
House
● Year built
2026
● Square Footage
1,881 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Edgemont (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
77 days
Home price
$586,300
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
$5,654/month
The payment includes
Rent
$4,602
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,052
Each month, $1,052 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
$678,716
Cumulative Down Payment
$42,872
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,872
Buyback Price
$615,615
Cumulative Down Payment
$17,624
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,624
Buyback Price
$646,396
Cumulative Down Payment
$30,248
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,248
Buyback Price
$678,716
Cumulative Down Payment
$42,872
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,872
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
$5,654/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.