Nw - 12334 79 St
Edmonton, Alberta T5B2M1
2 beds• 1 bath• 1,007 sqft
Description
Timeless appeal & incredible potential! Situated on a massive 65' x 150' lot, this property offers an incredible opportunity for anyone seeking a home, rental investment or a property with future redevelopment potential! Nestled on a mature tree lined street, this bungalow features beautiful bay windows filled with natural light & charm, perfect for a cozy reading nook or displaying one's favourite décor. This ideal kitchen features ample cabinetry & a spacious dining area with a separate living room area optimal for daily living & entertaining. The unfinished basement features divided bedrooms, bathroom rough-in & a newer hot water tank offering a blank canvas to make it your own! Home also offers 100 Amp electrical service! Redeveloping? Save on demo costs, garage is removed! Plans & permit are in place for a new approved 3 car garage. Easy access to the Yellowhead, downtown, schools, restaurants, shopping & entertainment! Few photos are virtually staged to show potential. (id:39198)
Facts & Features
● Building Type
House
● Year built
1959
● Square Footage
1,007 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Elmwood Park
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, See Remarks
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$379,900
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
$3,440/month
The payment includes
Rent
$2,968
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
Buyback Price
$398,895
Cumulative Down Payment
$10,663
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,663
Buyback Price
$418,840
Cumulative Down Payment
$16,326
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,326
Buyback Price
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
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
$3,440/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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