15812 110a Av
Edmonton, Alberta T5P1H7
2 beds• 1 bath• 836 sqft
Description
Fully renovated and move-in ready in the heart of Mayfield, this BEAUTIFULLY UPDATED HOME sits on a massive pie-shaped lot with a double detached garage. Major upgrades include a newer roof, newer vinyl windows throughout, renovated bathroom, updated flooring, high-efficiency furnace and newer hot water tank. Extensive infrastructure improvements include weeping tile around the entire perimeter of the home, a new sanitary/sewer line from the house to the property line, plumbing and drainage upgrades, gas-line servicing, and electrical upgrades. Additional improvements include quartz countertops and kitchen updates. The lot also offers exciting future development potential, including the possibility of a garage suite or duplex development, subject to municipal approval and zoning requirements. A fantastic opportunity combining a turn-key renovated home, major behind-the-scenes upgrades and excellent future potential in the established community of Mayfield. (id:39198)
Facts & Features
● Building Type
House
● Year built
1955
● Square Footage
836 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Mayfield
● Land size
--
● Heating type
Forced air
● Basement type
None
● Parking Type
--
● Time on REALTOR.ca
14 days
Home price
$289,999
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
$2,643/month
The payment includes
Rent
$2,316
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$327
Each month, $327 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
$335,710
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
Buyback Price
$304,499
Cumulative Down Payment
$8,929
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,929
Buyback Price
$319,724
Cumulative Down Payment
$12,857
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,857
Buyback Price
$335,710
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
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
$2,643/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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