1263 Watt Dr


Edmonton, Alberta T6L6T5

4+1 beds• 4 baths• 1,786 sqft

Description

WEST FACING LEGAL BASEMENT SUITE MAIN FLOOR BED AND FULL BATH Welcome to this beautifully designed home in the sought-after community of Walker! Offering approximately 1,785.84 sq. ft. of living space, this home features a fully finished legal basement suite with a separate entrance and 2 separate furnaces, making it an excellent option for rental income, extended family, or multi-generational living. The main floor offers a bright and functional layout with spacious living areas, a modern kitchen with stainless steel appliances, plus the convenience of a bedroom and full bathroom. Upstairs features generously sized bedrooms, while the home offers a total of 5 bedrooms, 4 full bathrooms, and a den. Enjoy the convenience of being within walking distance to schools, parks, shopping, pubic transit and scenic ponds. With its versatile layout, legal suite, and fantastic location, this home offers comfort, flexibility, and excellent value for families and investors alike. (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

2023

● Square Footage

1,786 sqft

● Stories

2

● Bedrooms

4+1

● Bathrooms

4

● Parking

--

● Neighbourhood

Walker

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full, Suite

● Parking Type

--

● Time on REALTOR.ca

4 days

Home price

$545,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$5,204/month

The payment includes

Rent

$4,282

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$922

Each month, $922 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:

1 year2 years3 years
Year 3

Buyback Price

$631,947

Cumulative Down Payment

$38,195

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$33,195

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

$5,204/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.