11822 47 St
Edmonton, Alberta T5W2W8
3 beds• 3 baths• 1,417 sqft
Description
Over 1,900 sq ft of finished living space, a fresh renovation and room to spread out across 3 fully finished levels! This bright 2-storey welcomes you with soaring ceilings and a generous foyer leading into a spacious living room overlooking the beautiful tree-lined street. At the heart of the main floor is the renovated new eat-in kitchen with shaker cabinetry and stainless steel appliances. Out back, the deck is ready for summer BBQs while the fully fenced yard gives kids and pets plenty of space to play. A 2-piece bathroom is tucked conveniently near the rear entry. Upstairs, you’ll find 3 bedrooms, including a spacious primary with a bay window, his & hers closets and private 3-piece ensuite, plus a second 4-piece bathroom. Downstairs adds even more flexibility with a large family room featuring stone wall accents perfect for a playroom, home office, gym or hobby space. Freshly updated, surprisingly spacious and ready for its next chapter! (id:39198)
1st-year buyback markup waived
SAVE $13,750!The first-year 5% buyback increase is waived on this home.You'll buy back at the purchase price in Year 1.
Facts & Features
● Building Type
Row / Townhouse
● Year built
2003
● Square Footage
1,417 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Beacon Heights
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
26 days
Home price
$275,000
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
$2,497/month
The payment includes
Rent
$2,194
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$303
Each month, $303 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
$318,347$303,188
You saved $15,159Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
Buyback Price
$288,750$275,000
You saved $13,750Cumulative Down Payment
$8,639
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,639
Buyback Price
$303,188$288,750
You saved $14,438Cumulative Down Payment
$12,278
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,278
Buyback Price
$318,347$303,188
You saved $15,159Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
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
$2,497/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!
1st-year buyback markup waived - buy back at $275,000 in Year 1 and save $13,750. Limited time offer.
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.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.