12133 47 St
Edmonton, Alberta T5W2X4
2 beds• 1 bath• 915 sqft
Description
Opportunity awaits in Beacon Heights! Situated on a generous 50’ x 124’ lot (approximately 6,200 sq. ft.), this bungalow features a renovated main floor that shows well, an oversized garage and plenty of outdoor space. The spacious basement has numerous windows and offers potential for buyers ready to take on a renovation project. The basement has experienced flooding and requires repairs. Explore the possibilities for restoring and customizing the lower level, or consider the property for your next investment project. A compelling opportunity for renovators and investors looking to add value in an established Edmonton neighbourhood. Any redevelopment is subject to municipal approval. (id:39198)
Facts & Features
● Building Type
House
● Year built
1954
● Square Footage
915 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Beacon Heights
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$259,999
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
$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.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$300,981
Cumulative Down Payment
$15,049
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,049
Buyback Price
$272,999
Cumulative Down Payment
$8,350
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,350
Buyback Price
$286,649
Cumulative Down Payment
$11,699
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,699
Buyback Price
$300,981
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
$2,351/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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