4218 111 Av
Edmonton, Alberta T5W0K2
2 beds• 2 baths• 792 sqft
Description
Well cared-for raised bungalow directly across from Floden Park and steps to the ravine and Ada Boulevard - Excellent location. South facing from living room with gleaming hardwood floors, and large windows which fill this home with loads natural light. Eat-in kitchen with loads of storage. Timeless wood cased doors, and generous bedrooms. Basement features a kitchen, bathroom, bedroom, laundry and mechanical areas with custom cold storage. Detached garage. Super cute landscaping and vegetable garden so extreme pride of ownership throughout. Incredible value here. (id:39198)
Facts & Features
● Building Type
House
● Year built
1956
● Square Footage
792 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
--
● Neighbourhood
Beverly Heights
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
5 days
Home price
$310,000
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
$2,774/month
The payment includes
Rent
$2,415
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$360
Each month, $360 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
$358,864
Cumulative Down Payment
$17,943
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,943
Buyback Price
$325,500
Cumulative Down Payment
$9,314
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,314
Buyback Price
$341,775
Cumulative Down Payment
$13,629
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,629
Buyback Price
$358,864
Cumulative Down Payment
$17,943
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,943
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
$2,774/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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