122 Harrison Dr
Edmonton, Alberta T5A2R4
1 bed• 2 baths• 1,428 sqft
Description
A head start on your dream home. This 1,400 sq ft bungalow sits on a big lot close to the Kennedale Ravine, with four bedrooms, a finished basement and an oversized insulated double garage. The main floor renovation has been started and is waiting for you or your contractor to finish. You choose the layout and the finishes, and the equity you build is yours. Downstairs there is a family room, a den and a fourth bedroom. The primary bedroom opens onto a big two-tier deck overlooking a private backyard with mature trees and room for a garden or fire pit. The rooms are a good size, so once the main floor is done you will have plenty of space to live in. The garage makes a great workshop, the ravine and walking trails are a short walk away, and schools, parks, shopping and transit are all close by in an established neighbourhood. Picture it finished: room for the whole family to spread out, friends over on the deck, and a home that is exactly the way you want it. Come and take a look. An amazing opportunity. (id:39198)
Facts & Features
● Building Type
House
● Year built
1975
● Square Footage
1,428 sqft
● Stories
1
● Bedrooms
1
● Bathrooms
2
● Parking
--
● Neighbourhood
Homesteader
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$275,000
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
$2,497/month
The payment includes
Rent
$2,194
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$303
Each month, $303 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
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
Buyback Price
$288,750
Cumulative Down Payment
$8,639
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,639
Buyback Price
$303,188
Cumulative Down Payment
$12,278
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,278
Buyback Price
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
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
$2,497/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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