5111 Corvette St
Edmonton, Alberta T5E6T9
3 beds• 3 baths• 1,794 sqft
Description
This 2020 Art Custom Homes build sits on a quiet street, and it shows care in every detail. The main floor opens into a bright kitchen with quartz counters, a huge island, gas stove, and a large corner pantry, great for everyday cooking and entertaining. Three large bedrooms upstairs, plus a massive walk-through closet and laundry room with a sink on the same level, keep life simple. Need a workspace? The large main-floor office has you covered, and it even has 2 interior windows letting natural light into the living and dining rooms. Outside, enjoy the big yard with fruit trees, a deck with a BBQ gas line, and a front veranda for slow mornings and people watching. Triple-paned windows keep things very quiet. Add central air, tankless hot water, central vacuum, and programmable Gemstone lighting, and comfort is handled. The unfinished basement is dry and ready for your ideas. Over-sized double detached insulated garage, with room for RV parking if you change the fence. Security system included. (id:39198)
Facts & Features
● Building Type
House
● Year built
2019
● Square Footage
1,794 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
3
● Neighbourhood
Griesbach
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$585,000
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
$5,639/month
The payment includes
Rent
$4,592
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,048
Each month, $1,048 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
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
Buyback Price
$614,250
Cumulative Down Payment
$17,574
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,574
Buyback Price
$644,963
Cumulative Down Payment
$30,147
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,147
Buyback Price
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
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
$5,639/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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