446 Ormsby Rd
Edmonton, Alberta T5T6B1
4 beds• 3 baths• 2,408 sqft
Description
One of a Kind ! Welcome to this beautiful home offering over 2400 sq of living space. A spacious foyer welcomes you into a main floor featuring a large living room with soaring open-to-above ceilings and plenty of natural light. A formal dining area provides an inviting space infor entertaining, while the thoughtfully designed kitchen features stylish yet durable cast-concrete countertops. An additional room on the main floor offers the perfect space for a home office.Upstairs, the spacious primary bedroom features a fully renovated ensuite, along with two generously sized bedrooms and a full bathroom. The outdoor space is truly exceptional, with a massive backyard and a two-tier deck complete with a built-in fire pit and outdoor speakers. Whether you’re hosting summer gatherings or enjoying a quiet evening outdoors, this backyard offers plenty of room to relax and entertain.Additional highlights include a Heated Garage, AC and much more. Located close to shopping, restaurants, schools, parks. A must see (id:39198)
Facts & Features
● Building Type
House
● Year built
1996
● Square Footage
2,408 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
3
● Parking
--
● Neighbourhood
Ormsby Place
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
3 days
Home price
$599,900
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
$5,805/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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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
$5,805/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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