Edmonton, Alberta T5W5B3
2+1 beds• 3 baths• 1,250 sqft
Superb & thoughtful workmanship! This 1,250 sq.ft. 4 bedroom, 3 full bathroom bi-level has been lovingly renovated from top to bottom with so much form, function, and style! You'll love the vaulted ceiling of the main floor that takes you from the living room upstairs to the dining area and through into the eat-in kitchen. Down the hall you have the primary bedroom with full ensuite, middle bedroom that's used as a den/art studio currently, a full bathroom, and the 3rd bedroom. The lower level has large windows making it bright, where you have a 4th bedroom, rec room (with room for a 5th bedroom if you would like), full bathroom, laundry area, and storage. Outside, the backyard is beautiful with a good-size deck leading down into the landscaped yard with fire pit, and numerous garden boxes on the side of the house to optimize that space. Finally, the location is tucked away in a great family community, and although you are backing Yellowhead Trail, the berm keeps sound down to a hum. A great family home! (id:39198)
Home price
$475,000
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
$4,415/month
The payment includes
Rent
$3,721
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$694
Each month, $694 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
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
Buyback Price
$498,750
Cumulative Down Payment
$13,329
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,329
Buyback Price
$523,688
Cumulative Down Payment
$21,658
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,658
Buyback Price
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
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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next steps toward homeownership.