Edmonton, Alberta T5B2J5
2 beds• 1 bath• 813 sqft
Welcome to this charming 813 sq. ft. raised bungalow in Edmonton’s central Eastwood neighbourhood. Ideal for first-time buyers or investors, this 2-bedroom, 1-bath home offers a functional layout, comfortable living space, and strong future potential. The full basement includes two roughed-in bedrooms and is ready for future development. Recent updates include a newer roof from 2022, windows from 2018, and a newer hot water tank and furnace. An oversized double garage adds convenience and value, while the spacious backyard is perfect for enjoying sunny afternoons. Conveniently located on a quiet, tree-lined street near schools, parks, shopping, the LRT, public transit, and major routes, this Eastwood home offers a great central location with room to grow. (id:39198)
Home price
$260,000
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
$2,351/month
The payment includes
Rent
$2,072
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$279
Each month, $279 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
$300,983
Cumulative Down Payment
$15,049
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,049
Buyback Price
$273,000
Cumulative Down Payment
$8,350
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,350
Buyback Price
$286,650
Cumulative Down Payment
$11,699
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,699
Buyback Price
$300,983
Cumulative Down Payment
$15,049
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,049
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.