Nw - 13507 116 St
Edmonton, Alberta T5E5J2
3+1 beds• 2 baths• 1,057 sqft
Description
Some homes just feel like HOME & this lovingly maintained mid-century modern bungalow is one of them. Proudly cared for & loved by its original owners, it offers timeless appeal, thoughtful updates & room for the whole family. The main floor features 3 bedrooms, a formal dining area, a west facing living room, a beautifully updated kitchen & an updated 4 piece bathroom. The fully finished basement adds even more living space with a fourth bedroom with egress window, spacious recreation room, flex space, updated 3 piece bathroom with sump pump, workbench with storage & generous laundry area. Enjoy a private, beautifully landscaped & fenced backyard, patio & gas BBQ hookup, large double detached garage & additional RV parking at the rear. Updates also include furnace & shingles on house/garage (2024), hot water tank (2022). All appliances & window coverings are included. Close to schools, a play park, shopping & local eateries, a delightful opportunity to put down roots. QUICK POSSESSION AVAIL. (id:39198)
Facts & Features
● Building Type
House
● Year built
1962
● Square Footage
1,057 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
4
● Neighbourhood
Kensington
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$379,800
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
$3,439/month
The payment includes
Rent
$2,967
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,666
Cumulative Down Payment
$21,983
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,983
Buyback Price
$398,790
Cumulative Down Payment
$10,661
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,661
Buyback Price
$418,730
Cumulative Down Payment
$16,322
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,322
Buyback Price
$439,666
Cumulative Down Payment
$21,983
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,983
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
$3,439/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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