11420 46 Av


Edmonton, Alberta T6H0A5

3+2 beds• 2 baths• 1,137 sqft

Description

Prime Southgate location! This renovated Malmo Plains bungalow sits on a quiet street, just steps from Southgate Centre and the LRT. With over 1,160 sq. ft., it offers 3+2 bedrooms, 2 full bathrooms, and a fully finished basement with a separate entrance. The main floor features new flooring, a renovated kitchen, three bedrooms, and a full bathroom. The bright, open-concept living room overlooks the south-facing yard. The lower level includes two additional bedrooms, a 3-piece bathroom, and separate laundry. Enjoy a large private backyard and a newer 17' x 17' double detached garage. Conveniently located near schools, shopping, and public transit, with easy access to major routes and amenities. (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

1965

● Square Footage

1,137 sqft

● Stories

1

● Bedrooms

3+2

● Bathrooms

2

● Parking

--

● Neighbourhood

Malmo Plains

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$519,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,905/month

The payment includes

Rent

$4,069

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$836

Each month, $836 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:

1 year2 years3 years
Year 3

Buyback Price

$600,807

Cumulative Down Payment

$35,081

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$30,081

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

$4,905/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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