1338 Rutherford Rd
Edmonton, Alberta T6W1P3
3+2 beds• 4 baths• 2,029 sqft
Description
This former show home offers a well-designed layout with a fully finished basement. It features a total of 5 bedrooms, 3.5 bathrooms and a double attached heated garage. The main floor features an open-to-below foyer, hardwood flooring, a cozy living room with a gas fireplace and a bright dining area with windows on three sides with direct access to the backyard deck. A separate laundry room adds convenience. Upstairs offers a spacious bonus room, three bedrooms and two full bathrooms. The primary bedroom includes a walk-in closet and a 4-piece ensuite with a separate shower and soaker tub. The finished basement adds two bedrooms, a large recreation room, a wet bar with granite and stone finishes and a 3-piece bathroom with a tiled shower. The fully fenced backyard features a large tiered deck, raised garden beds and mature landscaping. Conveniently located within walking distance of Johnny Bright School and close to parks, shopping, transit and major commuter routes. (id:39198)
Facts & Features
● Building Type
House
● Year built
2005
● Square Footage
2,029 sqft
● Stories
2
● Bedrooms
3+2
● Bathrooms
4
● Parking
--
● Neighbourhood
Rutherford (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$545,000
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
$5,194/month
The payment includes
Rent
$4,275
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$919
Each month, $919 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
$630,906
Cumulative Down Payment
$38,091
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,091
Buyback Price
$572,250
Cumulative Down Payment
$16,030
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,030
Buyback Price
$600,863
Cumulative Down Payment
$27,060
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,060
Buyback Price
$630,906
Cumulative Down Payment
$38,091
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,091
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
$5,194/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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