Edmonton, Alberta T5G1T8
2 beds• 1 bath• 1,033 sqft
Welcome to this great character home built in 1929 with century old doors! On the main floor there are two bedrooms with great details on the walls, a humungous bathroom and an updated kitchen. The floorplan is a wonderful open space! The upstairs has a cute open staircase leading to a large den for additional square footage. The roof has new shingles and drip caps, the foundation has been repaired professionally and sealed, the floors have been sanded and refinished, painting and other renos have been completed as well! The backyard is an oasis of its own with a huge Black Oak tree and incredible vines and green foliage! A single car garage with a fenced carport for your parking needs. This home has almost 100 years of memories and now its time to create those for yourself. Come see yourself living here. (id:39198)
Home price
$285,000
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
$2,594/month
The payment includes
Rent
$2,275
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$319
Each month, $319 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$329,923
Cumulative Down Payment
$16,496
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,496
Buyback Price
$299,250
Cumulative Down Payment
$8,832
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,832
Buyback Price
$314,213
Cumulative Down Payment
$12,664
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,664
Buyback Price
$329,923
Cumulative Down Payment
$16,496
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,496
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.