16531 79a Av
Edmonton, Alberta T5R3J2
4 beds• 2 baths• 1,507 sqft
Description
Welcome to this beautifully updated home with 4 bedrooms upstairs, where years of thoughtful upgrades mean you can simply move in and relax. The main and upper floors shine with laminate flooring and all-new baseboards (2020), plus a renovated main-floor half bath (2020) and a fully renovated upstairs bathroom (2022). Cooks will love the gas stove with double oven (2022), and you'll love having virtually no electricity bill thanks to solar panels added in 2021. Comfort and efficiency continue with new triple-pane windows (2021), including an enlarged basement window, new shingles (2021), added attic insulation (2022) and a new back door (2023). The basement offers a large rec room space with cozy gas fireplace! Outside, the exterior was freshly sanded and painted in 2026 and the large pie-shaped lot offers back alley access with room for a large garage and/or RV parking. Families will appreciate being able to walk to great schools — think of the savings over years of monthly bus passes! (id:39198)
Facts & Features
● Building Type
House
● Year built
1965
● Square Footage
1,507 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
2
● Parking
--
● Neighbourhood
Elmwood
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$449,900
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
$4,136/month
The payment includes
Rent
$3,522
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$613
Each month, $613 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
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
Buyback Price
$472,395
Cumulative Down Payment
$12,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,361
Buyback Price
$496,015
Cumulative Down Payment
$19,721
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,721
Buyback Price
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
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
$4,136/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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Have Questions About Rent-to-Own? Let's Talk.
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