Edmonton, Alberta T5M0X6
3+1 beds• 2 baths• 1,432 sqft
Welcome to this character-filled 3+1 bedroom, 2-bathroom semi-bungalow on a beautiful tree-lined street in the established community of Westmount. Set on a 650.517 m² (7,002 sq. ft.) RS-zoned lot, the home was originally built in 1954 with a substantial rear addition completed in 1990. The main floor features a bright bedroom, full bathroom, convenient main-floor laundry, walk-in pantry and inviting living area with fireplace. Upstairs are two additional bedrooms, while the developed basement offers a fourth bedroom, extensive storage and a bathroom. Outside, the property features a spacious backyard and oversized double detached garage with room for storage, hobbies or a workshop. Located near Westglen Elementary School, the neighbourhood spray park, 124 Street, Downtown Edmonton and the University of Alberta. Recent updates include a new furnace and hot water tank installed in 2024. Some photographs are virtually staged. (id:39198)
Home price
$537,000
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
$5,105/month
The payment includes
Rent
$4,212
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$893
Each month, $893 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
$621,645
Cumulative Down Payment
$37,164
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,164
Buyback Price
$563,850
Cumulative Down Payment
$15,721
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,721
Buyback Price
$592,043
Cumulative Down Payment
$26,443
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$21,443
Buyback Price
$621,645
Cumulative Down Payment
$37,164
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,164
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.