10968 75 Av
Edmonton, Alberta T6G0G9
3+1 beds• 2 baths• 1,471 sqft
Description
A great home with 4 bedrooms and 2 bathrooms in one of Edmonton’s most walkable neighbourhoods, and the value here speaks for itself. This pretty two storey sits right in the heart of McKernan. Three bedrooms up, two updated full baths (one upstairs, one on the main), and a main floor that actually works for everyday life: a huge eat-in kitchen, a cozy living room with gas fireplace, and a large mudroom off the back entry for boots and bags. The basement is fully finished with a 4th bedroom, rec room and laundry. The primary bedroom is big enough to carve out an ensuite, a walk-in closet, or both, so there’s room to grow into and room to add value later. Double detached garage, stainless steel appliances, high-efficiency furnace, central air conditioning and a newer roof (2019) mean the heavy lifting is already done. McKernan LRT is a short walk away, with the U of A, Whyte Ave and the river valley just past that. Homes in McKernan with this much space and this location don’t last. Don’t miss out! (id:39198)
Facts & Features
● Building Type
House
● Year built
1954
● Square Footage
1,471 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
2
● Parking
2
● Neighbourhood
McKernan
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$550,000
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
$5,250/month
The payment includes
Rent
$4,315
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$935
Each month, $935 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
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
Buyback Price
$577,500
Cumulative Down Payment
$16,223
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,223
Buyback Price
$606,375
Cumulative Down Payment
$27,446
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,446
Buyback Price
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
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
$5,250/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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