11615 8 Av
Edmonton, Alberta T6J6Z8
3+2 beds• 3 baths• 1,072 sqft
Description
Move-in ready 5 bdrm bi-level in Twin Brooks w/ lots of recent updates! This is a great family home at an affordable price point. Kitchen faces south so lots of natural light & plenty of room for kitchen nook. Ample cabinet & counter space + pantry for added storage. Main level boasts 3 bdrms (primary w/ ensuite), 4pc shared bthrm & sizeable living rm. Downstairs find high ceilings & lrg windows in recreation/family rm, lots of storage, 2 adtl bdrms, 4pc bthrm & laundry rm (newer machine). New luxury vinyl plank throughout, new hardware, updated furnace, updated hot water tank & recently painted. Great location w/ no rear neighbours either! Backyard has lots of space plus raspberry bushes, mature vines & an upper deck (recently refinished) to enjoy the sunny south exposure. Well-sized double garage & concrete walkway to yard. Schools in immediate area & easy access to Henday & airport! Plus LRT, transit, YMCA, shopping/dining, parks & ravine nearby. All poly-b piping has been replaced with PEX lines. (id:39198)
Facts & Features
● Building Type
House
● Year built
1997
● Square Footage
1,072 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
4
● Neighbourhood
Twin Brooks
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
30 days
Home price
$499,900
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
$4,692/month
The payment includes
Rent
$3,918
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
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
Buyback Price
$524,895
Cumulative Down Payment
$14,290
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,290
Buyback Price
$551,140
Cumulative Down Payment
$23,580
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,580
Buyback Price
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
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
$4,692/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
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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.