Nw - 6403 94b Av
Edmonton, Alberta T6B0Z5
3+1 beds• 3 baths• 1,167 sqft
Description
Welcome to this fantastic opportunity in the heart of Ottewell! This home offers plenty of space and potential for the next owner. Featuring 3 bedrooms on the main floor plus an additional bedroom in the basement, there's room for the whole family. A rare find in the neighbourhood, the home also features an ensuite bathroom off the primary bedroom! Original character shines throughout with beautiful hardwood floors and warm wood accents. Situated on a large lot with a detached garage, there's plenty of room for parking, storage, and outdoor enjoyment. Conveniently located near Clara Tyner Elementary, Ottewell School, St. Brendan Catholic School, Austin O'Brien High School, and the Ottewell Community League. Just minutes from downtown Edmonton, shopping, transit, parks, and major roadways. Priced to sell, this property offers an exceptional opportunity for investors, renovators, or buyers looking to undertake improvements and unlock its full potential in one of Edmonton's most established communities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1961
● Square Footage
1,167 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Ottewell
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$398,800
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
$3,620/month
The payment includes
Rent
$3,118
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$502
Each month, $502 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
$461,661
Cumulative Down Payment
$23,083
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,083
Buyback Price
$418,740
Cumulative Down Payment
$11,028
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,028
Buyback Price
$439,677
Cumulative Down Payment
$17,055
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,055
Buyback Price
$461,661
Cumulative Down Payment
$23,083
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,083
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
$3,620/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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