3508 20 Av
Edmonton, Alberta T6L3E1
3+2 beds• 3 baths• 1,184 sqft
Description
Well-maintained traditional bi-level home, situated on a larger corner lot in the established community of Daly Grove! Offering a functional layout and plenty of living space, this home features a spacious and inviting living room and dining room area. The main floor retains its original charm and has been well cared for over the years. The fully finished basement, complete with a separate entrance, offers additional living space featuring a second living room, two additional bedrooms, and full bathroom, providing plenty of flexibility for growing families or extended family. A double attached garage adds everyday convenience, while the corner lot provides additional outdoor space. Ideally located in Daly Grove, in the heart of Mill Woods, this home is close to schools, parks, shopping, and everyday amenities, with convenient access to major roadways throughout Edmonton. With its functional layout, this is an opportunity to add your own modern touches, this clean and lovingly maintained home is fantastic (id:39198)
Facts & Features
● Building Type
House
● Year built
1980
● Square Footage
1,184 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Daly Grove
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$475,000
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
$4,415/month
The payment includes
Rent
$3,721
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$694
Each month, $694 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
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
Buyback Price
$498,750
Cumulative Down Payment
$13,329
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,329
Buyback Price
$523,688
Cumulative Down Payment
$21,658
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,658
Buyback Price
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
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
$4,415/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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