Nw - 8711 38a Av
Edmonton, Alberta T6K0E7
3 beds• 2 baths• 1,221 sqft
Description
Awesome Home In A Lovely, Quiet Family Neighbourhood In Millwoods. Over 1200 Sq.Ft. Bungalow That Has Newer Windows & Has Been Freshly Painted. Step Into The Inviting Front Entrance Which Leads To A Good Sized Living Room With 3 North Facing Windows.Kitchen With Solar Tube For Natural Lighting, Fridge, Stove, Dishwasher Plus Spacious Area For Kitchen Table. From The Kitchen Take 2 Steps Down Into The Sunken Family Room With Brick Wood-Burning Fireplace & Patio Door To Large Partly Covered Deck. Primary Bedroom With 2 Piece Bathroom, 2 Other Good Sized Bedrooms With Solar Tubes, 3 Pce Main Bathroom Plus Several Storage Closets Finish Off The Main Floor. Back Door & Staircase To The Basement Is Off The Family Room. The Basement Is Full & Open. It Has Been Framed & Insulated. Laundry Area In The Basement Plus A Convenient Soaking Sink. Backyard Is Full Of Beautiful Trees & Shrubs Plus Several Garden Boxes. Shingles 2019. Sidewalks 2023. Close To Schools Shopping. Easy Access To Whitemud & Anthony Henday. (id:39198)
Facts & Features
● Building Type
House
● Year built
1973
● Square Footage
1,221 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Richfield
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$405,000
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
$3,679/month
The payment includes
Rent
$3,167
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$512
Each month, $512 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
$468,838
Cumulative Down Payment
$23,442
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,442
Buyback Price
$425,250
Cumulative Down Payment
$11,147
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,147
Buyback Price
$446,513
Cumulative Down Payment
$17,295
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,295
Buyback Price
$468,838
Cumulative Down Payment
$23,442
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,442
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
$3,679/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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