12936 114 St
Edmonton, Alberta T5E5C8
3 beds• 1 bath• 942 sqft
Description
Cute starter home on LARGE 50' x 142' well treed lot. Three generous bedrooms, living room, kitchen with dining area, and laundry room all on one level. One 4-piece bathroom conveniently located in the middle of the home. This home has a crawl space with concrete foundation and plenty of storage space. The double garage is solid at about 25 years old and has an overhead electric door opener. Beautiful old trees grace this the very spacious rear yard. Conveniently located near public transportation, schools, shopping, parks, and recreational facilities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1955
● Square Footage
942 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
Calder
● Land size
--
● Heating type
Forced air
● Basement type
None
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$275,000
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
$2,497/month
The payment includes
Rent
$2,194
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$303
Each month, $303 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
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
Buyback Price
$288,750
Cumulative Down Payment
$8,639
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,639
Buyback Price
$303,188
Cumulative Down Payment
$12,278
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,278
Buyback Price
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
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
$2,497/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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