12403 92 St
Edmonton, Alberta T5G1B8
2 beds• 2 baths• 1,023 sqft
Description
~!WELCOME HOME!~ SINGLE FAMILY DETACHED HOME w/ SUITE IN THE BASEMENT... in the established community of Delton, just minutes from Edmonton’s city centre! Situated on a CORNER LOT along a quiet street, this character bungalow offers plenty of potential for someone looking to add their own touches and build some equity. The main floor features a traditional layout with a bright living room, formal dining area, spacious kitchen with plenty of cupboard space and room for an island. A private rear entrance leads to the SECOND LIVING AREA IN THE BASEMENT, complete with its own kitchen, living space, bedroom and 3-piece bathroom. Outside you'll find a generous backyard, concrete patio area and SINGLE DETACHED GARAGE. The home does require some TLC and updating, making it a great option for a handy buyer, investor or someone looking for an affordable detached home in the city. Excellent access to downtown, NAIT, MacEwan University, public transit, plus NEW BIKE LANES recently installed. (id:39198)
Facts & Features
● Building Type
House
● Year built
1949
● Square Footage
1,023 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
--
● Neighbourhood
Delton
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
46 days
Home price
$289,702
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
$2,640/month
The payment includes
Rent
$2,313
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$327
Each month, $327 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
$335,366
Cumulative Down Payment
$16,768
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,768
Buyback Price
$304,187
Cumulative Down Payment
$8,923
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,923
Buyback Price
$319,396
Cumulative Down Payment
$12,846
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,846
Buyback Price
$335,366
Cumulative Down Payment
$16,768
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,768
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
$2,640/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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