Nw - 9846 75 Av
Edmonton, Alberta T6E1J1
3+1 beds• 2 baths• 1,044 sqft
Description
RITCHIE INVESTMENT, INFILL OR LAND ASSEMBLY OPPORTUNITY! Situated on a 44x112ft lot on a quiet tree-lined street, this property offers exceptional holding value and future redevelopment or multi-lot LAND ASSEMBLY potential! Move in or rent out with peace of mind thanks to major upgrades: NEW ROOF SHINGLES on both the house & garage (2024), LARGE WINDOWS in all bedrooms (2020), 100-amp electrical service & sump pump. This charming 1.5-storey home features 4 beds, 2 full baths & a SEPARATE ENTRANCE to a fully finished basement IN-LAW SUITE! Main floor offers a bright living room, spacious kitchen, primary bedroom, full bath & rear mudroom. Upstairs boasts 2 generous bedrooms (one with a skylight!). The basement includes shared laundry and an in-law suite with a rec room, 2nd kitchen, tiled 3-pc bath & large 4th bedroom. Huge fenced yard, oversized single garage + 2 driveway spots. Steps to Mill Creek Ravine, Ritchie Market & transit; minutes to Whyte Ave, U of A & Downtown! (id:39198)
Facts & Features
● Building Type
House
● Year built
1950
● Square Footage
1,044 sqft
● Stories
1.5
● Bedrooms
3+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Ritchie
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$469,000
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
$4,348/month
The payment includes
Rent
$3,673
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$675
Each month, $675 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
$542,926
Cumulative Down Payment
$29,293
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,293
Buyback Price
$492,450
Cumulative Down Payment
$13,098
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,098
Buyback Price
$517,073
Cumulative Down Payment
$21,195
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,195
Buyback Price
$542,926
Cumulative Down Payment
$29,293
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,293
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
$4,348/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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