Edmonton, Alberta T5H2V8
3+2 beds• 2 baths• 1,286 sqft
This character-filled 1½-storey home offers 5 bedrooms, 2 full bathrooms, and 1,286 RMS sq. ft. in one of Edmonton's most convenient central locations. The bright main floor features a spacious living room, functional kitchen, dining area, primary bedroom, second bedroom and a full bath. Upstairs offers two additional bedrooms, while the developed basement includes a separate entrance, kitchenette, fifth bedroom, 3-piece bath, laundry/utility area and flexible living space—ideal for extended family. Outside you'll find a fully fenced yard with raised garden beds, mature trees, storage shed/workshop and rear parking access. Located just minutes from downtown, NAIT, Kingsway Mall, Royal Alexandra Hospital, schools, parks, public transit and major commuter routes. Located within the designated attendance area for Victoria School of the Arts, offering exceptional opportunities in music, theatre, dance, visual arts and academics—a wonderful advantage for families with creatively inclined children! (id:39198)
Home price
$259,000
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
$2,341/month
The payment includes
Rent
$2,064
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$278
Each month, $278 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
$299,825
Cumulative Down Payment
$14,991
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,991
Buyback Price
$271,950
Cumulative Down Payment
$8,330
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,330
Buyback Price
$285,548
Cumulative Down Payment
$11,661
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,661
Buyback Price
$299,825
Cumulative Down Payment
$14,991
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,991
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.