Edmonton, Alberta T5E0J2
3+3 beds• 2 baths• 935 sqft
Located on a quiet street in a well-established neighborhood, this well-maintained five-bedroom raised bungalow offers exceptional potential. The main floor features a functional layout with a spacious living room and a bright kitchen equipped with ample cabinetry, along with three generously sized bedrooms and a 3-piece bathroom. The fully developed basement includes two additional bedrooms, a second kitchen, a separate living area, a three-piece bathroom, and a private entrance—making it ideal for extended family living or future suite development. The large, private backyard provides plenty of space for gardening and outdoor enjoyment, a rare feature in many newer communities. This charming property also includes a single detached garage and is conveniently located just minutes from schools, shopping, and major roadways. Some of the recent upgrades are newer shingles, floors covering, bathroom, paint and HWT. (id:39198)
Home price
$309,900
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
$2,773/month
The payment includes
Rent
$2,414
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$359
Each month, $359 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
$358,748
Cumulative Down Payment
$17,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,937
Buyback Price
$325,395
Cumulative Down Payment
$9,312
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,312
Buyback Price
$341,665
Cumulative Down Payment
$13,625
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,625
Buyback Price
$358,748
Cumulative Down Payment
$17,937
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,937
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.