Edmonton, Alberta T6X0T4
2+2 beds• 3 baths• 1,503 sqft
Welcome to the desirable community of Fields of Summerside! This well-designed bungalow offers vaulted ceilings, an open-concept layout and plenty of space to entertain. Step inside to a welcoming entrance with a large closet and convenient den. The kitchen features granite countertops and a new microwave hood fan, opening seamlessly to the dining and living areas with a natural gas fireplace. The main floor features an oversized primary bedroom with ensuite, an additional bedroom, 4-piece bathroom and convenient main floor laundry. Downstairs is made for family nights and get-togethers, with a spacious recreation area and functional bar complete with fridge and dishwasher. Two additional bedrooms and another 4-piece bathroom complete the lower level. Situated on a corner lot, the low-maintenance backyard features an oversized deck and gazebo, providing a great space to relax and entertain outdoors. (id:39198)
Home price
$600,000
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
$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.
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
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.