12053 97 St
Edmonton, Alberta T5G1Y8
3 beds• 3 baths• 1,019 sqft
Description
Offering 5 bedrooms and 2.5 bathrooms across three levels of living space, this property presents an excellent opportunity for homeowners and investors alike. A standout feature is the MAIN-FLOOR BEDROOM, offering flexibility for guests, a home office or multi-generational living. Upstairs you'll find two additional bedrooms, while the FINISHED BASEMENT offers another two bedrooms and additional living space. Recent upgrades include the ROOF and FURNACE, providing added peace of mind for the next owner. Situated on a 358.4 m² lot with RM h16 zoning, the property also offers exciting future redevelopment potential for buyers looking to explore additional possibilities. Conveniently located in central Edmonton near NAIT, Kingsway Mall, Royal Alexandra Hospital, Commonwealth Stadium and downtown, with easy access to transit, shopping and major commuter routes. Some photos have been virtually altered and/or virtually staged for illustrative purposes. (id:39198)
Facts & Features
● Building Type
House
● Year built
1945
● Square Footage
1,019 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Alberta Avenue
● Land size
--
● Heating type
Hot water radiator heat
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
6 days
Home price
$299,999
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
$2,740/month
The payment includes
Rent
$2,397
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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
$347,286
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
Buyback Price
$314,999
Cumulative Down Payment
$9,121
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,121
Buyback Price
$330,749
Cumulative Down Payment
$13,243
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,243
Buyback Price
$347,286
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
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
$2,740/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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