Edmonton, Alberta T5Y1B4
3 beds• 3 baths• 1,265 sqft
Welcome to this spacious 4 level split in the established community of Bannerman, minutes from the beautiful River Valley! Vaulted ceilings, large windows and tons of natural light give this home a warm, inviting feel with room to make it your own. The oversized, refreshed kitchen offers plenty of space for cooking, hosting and homework, plus a flexible area perfect for dining or whatever suits your lifestyle. The lower level features a generous family room with a wood burning fireplace, additional living space and plenty of storage. A mini split heat pump provides heating and cooling, including cooling to the bedroom area. Outside, enjoy a mature, private backyard and oversized double detached garage with room for vehicles, projects and hobbies. Located in an established neighbourhood close to great schools, parks, shopping, recreation and transit. With room for upgrades, finishing touches and your creative vision, this home offers an opportunity to build on what's here and truly make it yours! (id:39198)
Home price
$375,500
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
$3,398/month
The payment includes
Rent
$2,933
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$465
Each month, $465 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$434,688
Cumulative Down Payment
$21,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,734
Buyback Price
$394,275
Cumulative Down Payment
$10,578
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,578
Buyback Price
$413,989
Cumulative Down Payment
$16,156
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,156
Buyback Price
$434,688
Cumulative Down Payment
$21,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,734
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.