Edmonton, Alberta T6K0C6
3+3 beds• 3 baths• 1,238 sqft
Welcome to this inviting bungalow in Richfield, Mill Woods, featuring a LEGAL 3-bedroom basement suite with a Second Kitchen, Separate entrance and separate laundry. The bright main floor offers a spacious living room, a functional kitchen, and three bedrooms, with laminate flooring throughout these areas. A full bathroom and a private 2-piece ensuite in the primary bedroom complete the main level. The basement suite includes a full kitchen, three bedrooms, a living room, a 4-piece bathroom, and ample storage. A heated double detached garage adds convenience year-round. Located near schools, shopping, and Grey Nuns Community Hospital, with convenient access to Whitemud Drive and Anthony Henday Drive. (id:39198)
Home price
$514,900
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
$4,859/month
The payment includes
Rent
$4,037
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$822
Each month, $822 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$596,061
Cumulative Down Payment
$34,606
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,606
Buyback Price
$540,645
Cumulative Down Payment
$14,869
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,869
Buyback Price
$567,677
Cumulative Down Payment
$24,737
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,737
Buyback Price
$596,061
Cumulative Down Payment
$34,606
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,606
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.