Edmonton, Alberta T5P1V7
2+2 beds• 2 baths• 862 sqft
INVESTOR ALERT! This 2+2 bedroom, 2 bath Bungalow in the established community of High Park offers a great investment potential. It sits on a generous 50 x 148 ft lot, giving you room to grow, garden, or plan your next project. The main floor features two bedrooms, a bathroom, and a comfortable living space ready for your personal touch. The fully finished basement adds two more bedrooms and a second bathroom, ideal for a growing family or extra living space. The home does need some TLC, making it a perfect opportunity to build equity through updates and renovations. Outside, you’ll find a single detached garage plus an extended driveway with RV parking, a great bonus for trailers, boats, or extra vehicles. High Park is a mature, well-established neighbourhood close to parks, schools, shopping, and major routes. Whether you’re an investor, renovator, or buyer looking for value, this one is worth a look! Property is sold as-is. (id:39198)
Home price
$359,000
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
$3,241/month
The payment includes
Rent
$2,803
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$438
Each month, $438 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$415,587
Cumulative Down Payment
$20,779
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,779
Buyback Price
$376,950
Cumulative Down Payment
$10,260
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,260
Buyback Price
$395,798
Cumulative Down Payment
$15,520
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,520
Buyback Price
$415,587
Cumulative Down Payment
$20,779
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,779
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.