7838 Schmid Pl
Edmonton, Alberta T6R0K5
2+1 beds• 2 baths• 1,106 sqft
Description
Welcome to this beautiful 4-level split corner lot offering over 1,600 sq. ft. of thoughtfully designed living space in the heart of Terwillegar! Large upgraded additional windows throughout, fill the home with natural light, creating a bright and inviting atmosphere across every level. The upgraded floor plan with extended space in the master bedroom and throughout the home offers multiple living areas, generous storage, and the flexibility today's families need. Start your mornings on the charming front porch or unwind on the spacious side porch after a long day. Perfectly situated in one of southwest Edmonton's most sought-after communities, you'll be surrounded by excellent schools, scenic walking trails, lush parks, ponds, playgrounds, a spray park, an off-leash dog park, and every shopping and dining amenity just minutes away. Combining space, comfort, and an unbeatable location, this is a home you'll love for years to come. (id:39198)
Facts & Features
● Building Type
House
● Year built
2008
● Square Footage
1,106 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
South Terwillegar
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$518,000
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
$4,894/month
The payment includes
Rent
$4,061
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$832
Each month, $832 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
$599,650
Cumulative Down Payment
$34,965
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,965
Buyback Price
$543,900
Cumulative Down Payment
$14,988
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,988
Buyback Price
$571,095
Cumulative Down Payment
$24,977
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,977
Buyback Price
$599,650
Cumulative Down Payment
$34,965
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,965
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
$4,894/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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