Edmonton, Alberta T6L3A4
3 beds• 1 bath• 1,005 sqft
Sakaw – Lots of potential, many updates throughout the years & perfectly located, close to LRT & walking distance to schools & all amenities including Mill Woods Town Centre. This 1979 bungalow has 1004sqft on the main floor – 3 bedrooms, 1 full bathroom, landscaped & fenced – all located on a 6297sqft lot. Step inside & you will love the natural light that flows throughout the main floor & basement. From the living room to the kitchen the open concept main floor is perfect for every family. All 3 bedrooms are a good size & updated 4 piece bathroom completed the main floor. The basement is unfinished & waiting for your final touches. Outside the large south facing yard is fully fenced & easy to maintain. (id:39198)
Home price
$275,000
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
$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.
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
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.