11616 174 Av
Edmonton, Alberta T5X0A3
4+2 beds• 4 baths• 2,197 sqft
Description
If home is where the heart is, then rest assured that this is home. Welcome to the mature and in demand community of Canossa. This home is everything you have been searching for and then some. Featuring over 3000 sq/ft of home including the basement. This turnkey sanctuary features 6 bedrooms, 4 bathrooms, a main floor office, main floor laundry, a fully finished basement with 9ft celling’s and huge windows, a basement den, a gas fireplace, A/C, central vac, hardwood floors and tile through out the entire home, a plethora of natural light throughout, low maintenance landscaping and a backyard you won’t want to leave, vaulted celling’s open to above and a double attached garage. If you’re wondering about the neighbors, they are amazing. This home and neighborhood really gives a whole new meaning to the word community. With amenities just close enough for comfort, come and discover the true meaning of home. (id:39198)
Facts & Features
● Building Type
House
● Year built
2006
● Square Footage
2,197 sqft
● Stories
2
● Bedrooms
4+2
● Bathrooms
4
● Parking
--
● Neighbourhood
Canossa
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
25 days
Home price
$600,000
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
$5,806/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,575
Cumulative Down Payment
$44,458
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,458
Buyback Price
$630,000
Cumulative Down Payment
$18,153
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,153
Buyback Price
$661,500
Cumulative Down Payment
$31,305
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,305
Buyback Price
$694,575
Cumulative Down Payment
$44,458
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,458
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
$5,806/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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