Nw - 11431 88 St
Edmonton, Alberta T5B3P9
3 beds• 2 baths• 1,151 sqft
Description
Welcome to this CHARMING & UPDATED BUNGALOW offering the character of an established home with the space and functionality today’s buyers are looking for! With approximately 1,150 SQ FT ABOVE GRADE, this home offers notably generous living space for its era, including 3 BEDROOMS on the main floor. Original character blends beautifully with thoughtful updates throughout. The inviting living room features a FIREPLACE, while the spacious dining area and large kitchen provide plenty of room for everyday living & entertaining. A bright DEN adds valuable flex space for a home office, reading room or play area. Downstairs, the developed basement expands the possibilities with a HUGE REC ROOM, 4TH BEDROOM, 3PC BATH, laundry & excellent additional space. A rear MUDROOM adds everyday convenience. Located in an established central Edmonton neighbourhood close to parks, schools, transit & amenities, this is a wonderful opportunity for buyers who appreciate CHARACTER, SPACE & MODERN UPDATES in a classic bungalow! (id:39198)
Facts & Features
● Building Type
House
● Year built
1942
● Square Footage
1,151 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Parkdale (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
34 days
Home price
$319,000
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
$2,860/month
The payment includes
Rent
$2,486
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$374
Each month, $374 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
$369,282
Cumulative Down Payment
$18,464
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,464
Buyback Price
$334,950
Cumulative Down Payment
$9,488
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,488
Buyback Price
$351,698
Cumulative Down Payment
$13,976
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,976
Buyback Price
$369,282
Cumulative Down Payment
$18,464
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,464
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
$2,860/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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