974 Daniels Lo
Edmonton, Alberta T6W4Y4
3+1 beds• 4 baths• 1,842 sqft
Description
LIVE UPSTAIRS, EARN DOWNSTAIRS! This Desrochers half duplex offers the perfect combination of comfortable family living and income potential with a LEGAL 1 bedroom plus den basement suite. The main home features 3 bedrooms + BONUS ROOM, a bright and functional layout, and convenient UPSTAIRS LAUNDRY. The spacious primary retreat is a standout, complete with a luxurious 5-piece ensuite and huge soaker tub. Downstairs, the LEGAL BASEMENT SUITE provides an excellent mortgage helper or investment opportunity, featuring 1 bedroom plus den, and a full 4-piece bathroom. Located in the heart of Heritage Valley, Desrochers is a family friendly community close to schools, shopping, parks and recreation. Enjoy convenient access to South Edmonton Common, 41 Avenue SW, Anthony Henday Drive, Calgary Trail and Gateway Boulevard. Legal suite, finished exterior, fantastic location and exceptional value. Priced to sell, so don't miss this opportunity! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2021
● Square Footage
1,842 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
4
● Parking
--
● Neighbourhood
Desrochers Area
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
48 days
Home price
$500,000
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
$4,693/month
The payment includes
Rent
$3,919
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,813
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
Buyback Price
$525,000
Cumulative Down Payment
$14,294
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,294
Buyback Price
$551,250
Cumulative Down Payment
$23,588
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,588
Buyback Price
$578,813
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
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
$4,693/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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