12225 81 St
Edmonton, Alberta T5B2T2
3 beds• 2 baths• 876 sqft
Description
Welcome to 12225 81 Street NW, a 3-bedroom, 2-bathroom bungalow situated on a fully fenced corner infill lot in an established Edmonton neighbourhood. The home offers a functional single-level layout with comfortable living spaces and flexible bedroom options for family, guests, or a home office. The spacious backyard provides plenty of room to enjoy the outdoors, featuring a generous lawn area, dedicated garden space, storage sheds, and room for outdoor seating or entertaining. A heated detached double garage adds year-round convenience, while the corner lot provides additional space and an open feel. Conveniently located close to schools, shopping, amenities, and major routes. (id:39198)
Facts & Features
● Building Type
House
● Year built
1946
● Square Footage
876 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Elmwood Park
● Land size
--
● Heating type
Forced air
● Basement type
Full, Other, See Remarks
● Parking Type
--
● Time on REALTOR.ca
26 days
Home price
$349,900
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
$3,154/month
The payment includes
Rent
$2,730
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
Buyback Price
$367,395
Cumulative Down Payment
$10,084
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,084
Buyback Price
$385,765
Cumulative Down Payment
$15,168
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,168
Buyback Price
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
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
$3,154/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.