3008 138 Av
Edmonton, Alberta T5Y1M3
3 beds• 2 baths• 1,271 sqft
Description
Welcome to the incredible opportunity for home ownership or investment located in the heart of the family community of Hairsine. Park in the front drive way and make your way inside this 1271sq ft bungalow. On the main floor you will find a large living room area, dining room, and kitchen. As well as 3 good sides bedrooms and 1.5 bathrooms. Make your way to the basement where you will find another 1162sq ft of space for you to develop into your own. This home is perfect for someone to make it their own or for an investor to make it really nice for someone else to call home. Located close to schools, shopping, golfing, rec center, transit, dog parks, and so much more!! (id:39198)
Facts & Features
● Building Type
House
● Year built
1978
● Square Footage
1,271 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Hairsine
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$300,000
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
$2,740/month
The payment includes
Rent
$2,397
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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
$347,288
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
Buyback Price
$315,000
Cumulative Down Payment
$9,121
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,121
Buyback Price
$330,750
Cumulative Down Payment
$13,243
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,243
Buyback Price
$347,288
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
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
$2,740/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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