2008 Cavanagh Dr
Edmonton, Alberta T6W3M6
3 beds• 3 baths• 1,578 sqft
Description
Welcome to this stunning original-owner home in the desirable community of Cavanagh! Main floor living room featuring bright open-concept design, 9 feet ceiling, spacious dining area flows seamlessly to the patio doors, opening onto a beautifully landscaped & fully fenced backyard, perfect for summer BBQs & entertaining. The impressive kitchen offers modern cabinetry, quartz countertops, centre island, stylish backsplash & SS appliances. Main-floor 1/2 bath & mud area. Upstairs, you’ll find a spacious bonus room, 3 generous bedrooms, a full bathroom & laundry area. Master bedroom offers a walk-in closet & a 3-pc ensuite. Located close to schools, parks, transit, shopping & all amenities. Don't miss! A convenient main-floor half bath completes the main level. Upstairs, you’ll find a spacious bonus room, 3 generous bedrooms, a full bathroom & convenient laundry area. The luxurious primary suite offers plenty of space, a walk-in closet & a private 3-piece ensuite. Ideally located close to schools (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2017
● Square Footage
1,578 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Cavanagh
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
31 days
Home price
$435,000
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
$3,970/month
The payment includes
Rent
$3,404
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$565
Each month, $565 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
$503,567
Cumulative Down Payment
$25,357
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,357
Buyback Price
$456,750
Cumulative Down Payment
$11,786
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,786
Buyback Price
$479,588
Cumulative Down Payment
$18,571
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,571
Buyback Price
$503,567
Cumulative Down Payment
$25,357
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,357
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
$3,970/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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