Edmonton, Alberta T5S0W6
3 beds• 3 baths• 1,561 sqft
Welcome to the Farrah, a beautifully designed 1,504 sq. ft. home in the sought-after community of Kinglet by Big Lake. Offering 3 bedrooms and 2.5 bathrooms, this thoughtfully crafted home combines modern style with everyday functionality. The spacious main floor features an open-concept layout, complete with a stunning kitchen highlighted by a large central island, seamlessly connecting to the dining area and inviting great room with a cozy fireplace. A generous pantry and practical mudroom provide ample storage and convenience. Designed with future flexibility in mind, the home also includes a separate side entrance and 9-foot basement ceilings, creating excellent potential for potential future development. Upstairs, you'll find three well-appointed bedrooms, a convenient laundry room, and a luxurious primary retreat featuring a walk-in closet and dual-sink vanity. Every detail has been carefully considered to maximize comfort and livability. (id:39198)
Home price
$451,238
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
$4,150/month
The payment includes
Rent
$3,533
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$618
Each month, $618 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
$522,364
Cumulative Down Payment
$27,236
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,236
Buyback Price
$473,800
Cumulative Down Payment
$12,412
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,412
Buyback Price
$497,490
Cumulative Down Payment
$19,824
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,824
Buyback Price
$522,364
Cumulative Down Payment
$27,236
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,236
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.