12111 95 St
Edmonton, Alberta T5G1M9
2+1 beds• 2 baths• 1,013 sqft
Description
Situated on a substantial 58’ x 125’ lot with subdivision potential (buyer to verify), this well-maintained 1,000 sq ft bungalow offers an appealing opportunity for today and the future. The main floor features 2 bedrooms, while the legal basement suite adds a third bedroom and provides flexibility for rental income or extended family. Significant updates include the roof, triple-pane windows, central A/C, furnace, electrical panel, and hot water tank. Live in it, rent it out, or generate income while holding the property for future redevelopment. With its generous lot dimensions and potential to subdivide (buyer to verify), this is an attractive option for homeowners, investors, and developers looking for a property that offers value today with even greater possibilities down the road. (id:39198)
Facts & Features
● Building Type
House
● Year built
1948
● Square Footage
1,013 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Alberta Avenue
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
39 days
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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
$3,630/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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