Nw - 10923 40a Av
Edmonton, Alberta T6J0T1
2+2 beds• 3 baths• 1,181 sqft
Description
Welcome to this fantastic property located in Rideau Park. Located close to schools, shopping and easy access to U of A. Full Tindal Stone exterior gives the house a classy look. Tindal Stone continues in the house as the finish for 2 wood burning fireplaces. This floor plan has 2 bedrooms on the main, a huge kitchen with attached dining area. The bathroom features a one of a kind bathtub. The lower level has 2 more bedrooms, 3 piece bathroom , huge rec room with fireplace, and a large laundry utility room. There is a 21x25 detached garage with back alley access. This extra large lot was expanded by purchasing the utility right of way on the east side. Seller has a lovely garden in this part. 3 apple trees and lovely flower beds complete this yard. This amazing property has been lovingly cared for. Some of the many upgrades include Shingles(2020), Fence(2022) , Eave troughs (2010), Sidewalks ( 2010) ,Hot Water Tank (2022), Furnace for downstairs(2013) ,Upstairs (2025),Windows (2013). You have to see it! (id:39198)
Facts & Features
● Building Type
House
● Year built
1970
● Square Footage
1,181 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Rideau Park (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$519,900
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
$4,915/month
The payment includes
Rent
$4,076
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$838
Each month, $838 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
$601,849
Cumulative Down Payment
$35,185
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,185
Buyback Price
$545,895
Cumulative Down Payment
$15,062
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,062
Buyback Price
$573,190
Cumulative Down Payment
$25,123
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,123
Buyback Price
$601,849
Cumulative Down Payment
$35,185
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,185
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
$4,915/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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