5118 17a Av
Edmonton, Alberta T6L1K6
3+3 beds• 2 baths• 1,019 sqft
Description
Welcome to this beautifully renovated home in the desirable community of Meyokumin! Offering 5 bedrooms, 1 Den/office and 2 full bathrooms, this move-in-ready property combines modern finishes with exceptional functionality. The main floor features a bright and inviting living room, three spacious bedrooms, and a brand-new kitchen with direct access to a large deck and beautifully landscaped, private backyard. The fully finished basement offers two additional bedrooms, a 3-piece bathroom, den, second kitchen and a generous recreation area, providing excellent flexibility for extended family. Additional features include a carbon water filtration system, leaf guard eavestroughs, and a mobility ramp for added accessibility. Complete with a double detached garage, this home is conveniently located close to schools, shopping, public amenities and offers quick access to Anthony Henday Drive. A fantastic opportunity for families and investors alike! (id:39198)
Facts & Features
● Building Type
House
● Year built
1978
● Square Footage
1,019 sqft
● Stories
--
● Bedrooms
3+3
● Bathrooms
2
● Parking
--
● Neighbourhood
Meyokumin
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$495,000
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
$4,638/month
The payment includes
Rent
$3,879
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$758
Each month, $758 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
$573,024
Cumulative Down Payment
$32,302
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,302
Buyback Price
$519,750
Cumulative Down Payment
$14,101
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,101
Buyback Price
$545,738
Cumulative Down Payment
$23,202
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,202
Buyback Price
$573,024
Cumulative Down Payment
$32,302
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,302
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
$4,638/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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