Edmonton, Alberta T6X2A9
3 beds• 3 baths• 1,709 sqft
Welcome to sought-after Lake Summerside, where residents enjoy exclusive lake access, a private beach club and year-round activities and amenities! Situated beside the walking path, this home offers extra breathing room from neighbours and convenient access to public transportation. Step inside to a spacious sunken entry and head up to the beautiful kitchen featuring espresso cabinets, a massive granite island, corner walk-in pantry & SS appliances – perfect for family gatherings and entertaining. The great room features a cozy electric fireplace, while the sunny dining nook offers patio doors leading to your BBQ deck and huge fenced yard. A convenient half bath completes the main floor. Upstairs, enjoy a large vaulted bonus room, 3 generous bedrooms (2 with walk-in closets), a 4-piece ensuite, additional 4-piece bath and separate laundry room & A/C. The bright, undeveloped basement features high ceilings and oversized windows, offering endless potential. Close to parks, school, shopping & more. (id:39198)
Home price
$434,900
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
$3,969/month
The payment includes
Rent
$3,403
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$565
Each month, $565 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
$503,451
Cumulative Down Payment
$25,345
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,345
Buyback Price
$456,645
Cumulative Down Payment
$11,782
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,782
Buyback Price
$479,477
Cumulative Down Payment
$18,563
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,563
Buyback Price
$503,451
Cumulative Down Payment
$25,345
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,345
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.