7942 Erasmus Cr
Edmonton, Alberta T6M0S2
3+1 beds• 4 baths• 2,154 sqft
Description
Welcome to this beautifully designed OPEN TO BELOW home offering 3,000 sqft of total living space in the heart of Edgemont. As you enter, you’re greeted by high ceilings and a bright, functional open-concept main floor ideal for everyday living and entertaining. The kitchen features upgraded cabinetry, ample counter space, and a clean, modern finish that flows into the dining and living areas, along with a good-sized den on the main floor offering added flexibility for work or study. Upstairs, you’ll find a comfortable primary bedroom with a private ensuite and walk-in closet, plus two additional generously sized bedrooms. A bonus room with vaulted ceilings at the front of the home offers the perfect space for relaxing, watching movies, or spending time with family, rounding out the second storey. The fully finished basement offers 9-foot ceilings, an additional living area, and a bedroom—ideal for guests, a home office. Located close to schools, shopping, parks, and public transportation. Welcome Home (id:39198)
Facts & Features
● Building Type
House
● Year built
2017
● Square Footage
2,154 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
4
● Parking
4
● Neighbourhood
Edgemont (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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
$5,805/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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