16206 79a Av
Edmonton, Alberta T5R3J1
3+1 beds• 2 baths• 1,026 sqft
Description
4 BEDROOMS + 2 BATHS + SECOND KITCHEN + DBL GARAGE! Tucked away on a quiet street, moments from Whitemud, 170th & Henday, this bright bi-level offers incredible value & a fantastic location. Backing onto a park & hill—perfect for sledding & summer hangs! Blocks from Elmwood Spray Park, H.E. Beriault & Hillcrest School, plus the River Valley trails. Well-maintained & updated, inc newer vinyl windows, shingles ('21), HWT ('17) & more. Main kitchen is updated w plenty of counter space & built-ins. Lower level has lots of natural light w a separate entrance, second kitchen, separate laundry, wood-burning fireplace, large windows & an oversized 4th bedroom. Double garage & RV parking at the rear. Home & lot give plenty of options for families or investors, in an area seeing increasing infill activity—enjoy a fantastic established neighbourhood today while keeping an eye on tomorrow's possibilities. Great location, flexibility & a lot of potential! (id:39198)
Facts & Features
● Building Type
House
● Year built
1961
● Square Footage
1,026 sqft
● Stories
--
● Bedrooms
3+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Elmwood
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
54 days
Home price
$404,000
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
$3,669/month
The payment includes
Rent
$3,159
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$511
Each month, $511 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
$467,681
Cumulative Down Payment
$23,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,384
Buyback Price
$424,200
Cumulative Down Payment
$11,128
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,128
Buyback Price
$445,410
Cumulative Down Payment
$17,256
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,256
Buyback Price
$467,681
Cumulative Down Payment
$23,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,384
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
$3,669/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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