12023 137 Av
Edmonton, Alberta T5E1Z7
3+2 beds• 2 baths• 1,076 sqft
Description
Welcome to this renovated bungalow, ideally situated on a massive lot in the desirable community of Kensington.It offers 5 bedrooms and 2 full bathrooms, ideal for families, first-time buyers, or investors. The bright main floor features a living room with a feature wall and fireplace, dining area with bar, brand-new kitchen with quartz countertops & new stainless steel appliances, 3 bedrooms, a renovated bathroom, and main-floor laundry. The finished basement with separate entrance includes a second new kitchen with appliances, separate laundry, 2 bedrooms, a full bathroom, and large living area with a feature wall and fireplace. Recent upgrades include new flooring, fresh paint, new ceiling texture, all-new electrical, new plumbing, new interior doors, new furnace, newer hot water tank, and newer shingles. Enjoy the huge backyard, RV parking, and oversized heated garage. Close to shopping, schools, parks, transit, and Anthony Henday Drive. Move-in ready! Perfect family home. (id:39198)
Facts & Features
● Building Type
House
● Year built
1960
● Square Footage
1,076 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Kensington
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$474,900
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
$4,414/month
The payment includes
Rent
$3,720
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.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$549,756
Cumulative Down Payment
$29,976
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,976
Buyback Price
$498,645
Cumulative Down Payment
$13,325
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,325
Buyback Price
$523,577
Cumulative Down Payment
$21,650
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,650
Buyback Price
$549,756
Cumulative Down Payment
$29,976
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,976
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
$4,414/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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