3278 Cherry Cr
Edmonton, Alberta T6X1Y5
3 beds• 3 baths• 1,349 sqft
Description
**A rare opportunity in The Orchards!** Beautifully maintained 2-storey home offered at $439,000, featuring 1,349 sq. ft., 3 bedrooms, 2.5 baths, central A/C and a double detached garage. Situated on a quiet interior crescent, this inviting home features a bright, open-concept main floor with large windows, granite countertops, abundant cabinetry and a seamless flow between the kitchen, dining and living areas. Upstairs, the primary bedroom offers a private ensuite, complemented by two additional bedrooms and a full bath. The full unfinished basement provides excellent potential for future development. Outside, enjoy a landscaped backyard with a spacious deck and privacy screen — perfect for relaxing or entertaining. Residents enjoy access to The Orchards clubhouse, splash park, skating, tennis and year-round community events. Conveniently located near schools, shopping, parks and major commuter routes. A fantastic opportunity to own in this sought-after community. (id:39198)
Facts & Features
● Building Type
House
● Year built
2017
● Square Footage
1,349 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
The Orchards At Ellerslie
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$439,900
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
$4,024/month
The payment includes
Rent
$3,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$581
Each month, $581 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
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
Buyback Price
$461,895
Cumulative Down Payment
$11,975
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,975
Buyback Price
$484,990
Cumulative Down Payment
$18,949
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,949
Buyback Price
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
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
$4,024/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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