13129 101 St
Edmonton, Alberta T5E4G1
2 beds• 2 baths• 913 sqft
Description
ATTENTION INVESTORS & DEVELOPERS! Fantastic opportunity in the mature community of Lauderdale! This 2+2 bedroom bungalow sits on a large lot and offers excellent potential for investors, renovators or future development. The main floor features a spacious living room with hardwood flooring, generous kitchen with eating area, two bedrooms and a 4-piece bathroom. The partially finished basement adds a recreation room, two additional bedrooms, 3-piece bathroom and laundry area. Recent upgrades include a 2023 furnace, newer hot water tank and roof replaced within the last 10 years. The large lot provides exciting potential for future redevelopment, while the existing home offers plenty of opportunity to renovate and add value. Close to schools, shopping, public transit and major routes, with quick access to downtown. A great opportunity in a well-established Northside location! (id:39198)
Facts & Features
● Building Type
House
● Year built
1955
● Square Footage
913 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
--
● Neighbourhood
Lauderdale
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
30 days
Home price
$279,900
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
$2,545/month
The payment includes
Rent
$2,234
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$311
Each month, $311 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
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
Buyback Price
$293,895
Cumulative Down Payment
$8,734
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,734
Buyback Price
$308,590
Cumulative Down Payment
$12,467
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,467
Buyback Price
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
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
$2,545/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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