1908 62 St
Edmonton, Alberta T6L1L9
3+2 beds• 3 baths• 1,082 sqft
Description
Charming and well-maintained bungalow in Meyokumin, ideally situated directly across from a park! The bright and inviting main floor features a spacious living room with classic parquet flooring, three bedrooms including a primary suite with a convenient 2-piece ensuite, and a full main bathroom. Freshly painted throughout with all new appliances, new toilets in both bathrooms and a new tub surround in the main bath. Most main-floor windows have been replaced within the last 10+ years, along with the furnace and roof, providing added peace of mind. The finished basement offers a large recreation room with wet bar, two additional bedrooms and a full bathroom—great space for family, guests or hobbies. Outside, enjoy the nice deck and yard space with the oversized garage and generous parking pad with room for an RV and additional parking. Walking distance to 2 schools and park. A wonderful home in a mature neighbourhood with park views right outside your door! (id:39198)
Facts & Features
● Building Type
House
● Year built
1978
● Square Footage
1,082 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Meyokumin
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
38 days
Home price
$430,000
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
$3,917/month
The payment includes
Rent
$3,365
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$552
Each month, $552 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
$497,779
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
Buyback Price
$451,500
Cumulative Down Payment
$11,630
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,630
Buyback Price
$474,075
Cumulative Down Payment
$18,259
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,259
Buyback Price
$497,779
Cumulative Down Payment
$24,889
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,889
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
$3,917/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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