Edmonton, Alberta T5P1L4
3+1 beds• 4 baths• 1,565 sqft
Outstanding investment opportunity in one of Edmonton’s most desirable neighbourhoods – Grovenor! This impressive half duplex combines style, comfort, and an unbeatable location—just steps from the new LRT line, minutes to downtown, and only 10 minutes to West Edmonton Mall. The bright, open-concept main floor showcases modern finishes, including durable laminate flooring, a spacious kitchen with granite countertops, ceramic tile backsplash, sleek white cabinetry, and stainless steel appliances. Upstairs, a wide stairwell makes moving furniture effortless and leads to three generous bedrooms and two full bathrooms with ceramic tile and plush carpeting. The primary bedroom faces east for refreshing morning light, while the other two enjoy warm western exposure. Completing this exceptional home is a legal basement suite featuring a large living area, one bedroom, and a full bathroom—ideal for rental income or multi-generational living. A true must-see! (id:39198)
Home price
$579,000
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
$5,573/month
The payment includes
Rent
$4,544
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,029
Each month, $1,029 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
$670,265
Cumulative Down Payment
$42,026
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,026
Buyback Price
$607,950
Cumulative Down Payment
$17,342
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,342
Buyback Price
$638,348
Cumulative Down Payment
$29,684
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,684
Buyback Price
$670,265
Cumulative Down Payment
$42,026
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,026
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.