1233 Ormsby Ln
Edmonton, Alberta T5T6R2
3+2 beds• 3 baths• 1,309 sqft
Description
Welcome to this spacious 5-bedroom, 3-full-bath bi-level tucked away on a quiet cul-de-sac in the desirable community of Ormsby Place. Offering Approx 2,500 sq ft. of finished living space, this bright and inviting home provides plenty of room for a growing or extended family. The main level is filled with natural light and features a spacious living area, functional kitchen with access to a sunny deck, 3 generous bedrooms, including a primary bedroom with a 4-piece ensuite, plus an additional 3-piece bath. Enjoy added privacy with no neighbours directly behind. The fully finished lower level offers impressive additional living space with 2 more bedrooms, a 3-piece bath, a comfortable family/recreation area, and a separate utility/laundry room. A double attached garage completes the home. Ideally located close to schools, parks, shopping, the library, and public transit, with quick access to Anthony Henday Drive and Whitemud Drive. A fantastic opportunity to enjoy space, privacy, and everyday convenience. (id:39198)
Facts & Features
● Building Type
House
● Year built
2003
● Square Footage
1,309 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Ormsby Place
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
25 days
Home price
$499,999
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
$4,693/month
The payment includes
Rent
$3,919
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
$578,811
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
Buyback Price
$524,999
Cumulative Down Payment
$14,294
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,294
Buyback Price
$551,249
Cumulative Down Payment
$23,587
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,587
Buyback Price
$578,811
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
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
$4,693/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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