8502 76 Av
Edmonton, Alberta T6C0J3
3+1 beds• 2 baths• 997 sqft
Description
Opportunity awaits on this spacious 542 sq. m. corner lot in an established, amenity rich neighbourhood! Whether you're an investor, renovator, or buyer ready to create your dream home, this property is full of potential. Enjoy the convenience of being close to parks, golf, schools, shopping, playgrounds, public transit, and everyday amenities. Inside, the main floor offers a spacious layout with 3 bedrooms, a full 4 piece bath, a large living room, and a generous kitchen. The finished basement expands your living space with a huge rec room ideal for a family room, games area, or entertaining, plus an additional bedroom and 3 piece bath. Outside, mature trees provide a beautiful setting for the large backyard, complete with a double detached garage. Bring your ideas and unlock the possibilities this property has to offer! Some photos have been virtually staged. (id:39198)
Facts & Features
● Building Type
House
● Year built
1949
● Square Footage
997 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
4
● Neighbourhood
King Edward Park
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$450,000
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 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
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,500
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,125
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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
$4,137/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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