779 Lee Ridge Rd
Edmonton, Alberta T6K0P6
2+2 beds• 2 baths• 1,187 sqft
Description
Spacious 1,187 sq. ft. bi-level on a large lot in a desirable cul-de-sac! The upper level features a country-style kitchen with bay window, a generous living room, two large bedrooms, and a 5-piece bathroom. The fully developed basement offers two additional large bedrooms, a 3-piece bathroom, and a spacious family room with gas fireplace. With two furnaces, vinyl windows, and a separate entrance, this home offers excellent potential for a secondary suite conversion. Enjoy the oversized yard with fruit trees, several above ground gardens, chain-link and vinyl fencing, and no sidewalks to shovel! The double oversized insulated garage provides plenty of parking and storage. Conveniently located just blocks from the LRT and close to Whitemud Freeway, this property offers space, flexibility, and easy access to amenities and commuting routes. (id:39198)
Facts & Features
● Building Type
House
● Year built
1974
● Square Footage
1,187 sqft
● Stories
--
● Bedrooms
2+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Lee Ridge
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$469,649
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
$4,355/month
The payment includes
Rent
$3,678
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$677
Each month, $677 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
$543,677
Cumulative Down Payment
$29,368
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,368
Buyback Price
$493,131
Cumulative Down Payment
$13,123
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,123
Buyback Price
$517,788
Cumulative Down Payment
$21,245
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,245
Buyback Price
$543,677
Cumulative Down Payment
$29,368
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,368
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
$4,355/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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