9205 112 Av
Edmonton, Alberta T5G0G4
3+1 beds• 2 baths• 1,314 sqft
Description
Character and value in a central Alberta Avenue location. This 1911 two-storey has been renovated over the past few years with vinyl plank flooring, new millwork and trim, fresh paint, renovated bathrooms and updated appliances, so it’s ready to move in. There’s 1,314 sq ft above grade. Outside, the shingle-style gable detailing, dark trim, new cedar front steps and fenced front yard with a raised garden bed give it great curb appeal. The main floor has a welcoming foyer and a bright living room open to the dining area. The kitchen is generous size with a 2-piece bath and laundry just off it. The sun room is a great spot to relax or work from home. Upstairs you’ll find three bedrooms, including an 18' primary, plus a 4-piece bath. The partly finished basement adds a fourth bedroom and a rec room. Mechanical upgrades include a high-efficiency furnace and an upgraded hot water tank. Possession can be quick. Commonwealth Stadium, transit, shopping and schools are all nearby, (id:39198)
Facts & Features
● Building Type
House
● Year built
1911
● Square Footage
1,314 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Alberta Avenue
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Partial
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$319,900
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
$2,868/month
The payment includes
Rent
$2,493
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$375
Each month, $375 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
$370,324
Cumulative Down Payment
$18,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,516
Buyback Price
$335,895
Cumulative Down Payment
$9,505
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,505
Buyback Price
$352,690
Cumulative Down Payment
$14,011
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,011
Buyback Price
$370,324
Cumulative Down Payment
$18,516
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,516
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
$2,868/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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