11435 82 St
Edmonton, Alberta T5B2V5
1 bed• 1 bath• 648 sqft
Description
Opportunity knocks! This property is being offered primarily for land value, making it an ideal canvas for builders, investors and buyers ready to create something new. Whether you’re planning a custom home, an infill project or a future hold, this lot gives you the flexibility to bring your vision to life. The existing home is at the end of its useful life and is being sold as-is, where-is, with value attributed to the land. Location is a real bonus! Public transportation and everyday amenities are close by, and you’re near the Edmonton Expo Centre and Commonwealth Stadium, so events, errands and commuting are all easy. Set in an established, central neighbourhood with quick access to downtown and major routes, this is a rare chance to build new without leaving the heart of the city. Design the home you’ve always wanted, or explore the potential of Edmonton’s updated zoning for infill and multi-unit development. A great fit for first-time buyers, down-sizers or investors looking to build. This wont la (id:39198)
Facts & Features
● Building Type
House
● Year built
1949
● Square Footage
648 sqft
● Stories
1
● Bedrooms
1
● Bathrooms
1
● Parking
--
● Neighbourhood
Parkdale (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$199,900
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
$1,888/month
The payment includes
Rent
$1,705
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$183
Each month, $183 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
$231,409
Cumulative Down Payment
$11,570
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,570
Buyback Price
$209,895
Cumulative Down Payment
$7,190
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,190
Buyback Price
$220,390
Cumulative Down Payment
$9,380
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$4,380
Buyback Price
$231,409
Cumulative Down Payment
$11,570
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$6,570
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
$1,888/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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