23 Hughes Rd
Edmonton, Alberta T5A4E1
3 beds• 1 bath• 1,085 sqft
Description
This home offers three bedrooms on the upper level, an additional bedroom on the lowest level, and a functional layout that's perfect for growing families. The bright main floor features a spacious living room with a cozy wood-burning fireplace, formal dining area, and an updated kitchen with newer countertops, newer appliances, and newer windows in the kitchen & dining room. Upstairs, you'll find three bedrooms with new new windows and a full four-piece bathroom. The third level boasts a large family room with a built-in bar, perfect for entertaining or relaxing. The fourth level includes the fourth bedroom, laundry area, and a cold room. Outside, enjoy a massive private backyard w/ raised garden beds, two apple trees, two pear trees, cherry trees, two sheds, and extended side parking. One shed includes underground power and a workbench. Recent updates include shingles (2025), newer washer and dryer (about 3 years old), rebuilt weeping tile with sump pump (approximately four years ago). (id:39198)
Facts & Features
● Building Type
House
● Year built
1979
● Square Footage
1,085 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
1
● Parking
6
● Neighbourhood
Overlanders
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
34 days
Home price
$334,500
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
$3,007/month
The payment includes
Rent
$2,609
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$399
Each month, $399 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
$387,226
Cumulative Down Payment
$19,361
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,361
Buyback Price
$351,225
Cumulative Down Payment
$9,787
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,787
Buyback Price
$368,786
Cumulative Down Payment
$14,574
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,574
Buyback Price
$387,226
Cumulative Down Payment
$19,361
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,361
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
$3,007/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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