247 Secord Dr
Edmonton, Alberta T5T4H4
3 beds• 4 baths• 2,483 sqft
Description
Immaculate 2,482 sq ft executive 2-storey in family-friendly Secord! The bright main floor welcomes you with 9ft ceilings, rich hand-scraped engineered hardwood, and durable slate tile. Cozy up by the gas fireplace with custom stone accents, or enjoy the versatile flex den. The chef’s kitchen features upgraded appliances, timeless finishes, and an expansive walk-in pantry with built-in solid shelving—no wire racks here. Upstairs, a massive 21'x15' vaulted bonus room offers the ultimate family retreat alongside a private primary suite boasting a tray ceiling, his-and-hers walk-in closets, and an indulgent 5-piece ensuite with slate tile and a deep soaker tub. Downstairs, the fully finished basement delivers incredible versatility with epoxy floors and a fully permitted commercial kitchen setup, previously home to a thriving bakery. Complete with central A/C and an oversized heated double garage, all steps from DT King and St. Josephine Bakhita schools, walking trails, and the future Lewis Farms Rec Centre. (id:39198)
Facts & Features
● Building Type
House
● Year built
2011
● Square Footage
2,483 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
4
● Neighbourhood
Secord
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
14 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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