Edmonton, Alberta T6A1S5
3 beds• 2 baths• 1,040 sqft
Close to the River Valley, Capilano, and Gold Bar Parks, this bungalow is ideal for those who want outdoor recreation part of their daily life. Hiking, fishing, and cross-country skiing are all just steps from your door, along with an off-leash area and trails to explore. Inside, a bright living room with hardwood floors invites you to gather, and the kitchen features a bay window that brings in light and a backyard view. Three main-floor bedrooms and a full bath keep everyday living on one level. Downstairs, the large rec room with a bar is perfect for games and movies, while an additional flex room, storage room and a 3-piece bath provide a separate space for hosting guests or growing families. Enjoy summer meals on the covered patio, a garden in the large backyard, and a single detached garage for smoother winter mornings. The 52' x 130' lot has potential for subdivision, two infill homes or a duplex (subject to City approval). Photos were digitally furnished. (id:39198)
Home price
$445,000
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
$4,081/month
The payment includes
Rent
$3,483
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$598
Each month, $598 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
$515,143
Cumulative Down Payment
$26,514
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,514
Buyback Price
$467,250
Cumulative Down Payment
$12,171
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,171
Buyback Price
$490,613
Cumulative Down Payment
$19,343
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,343
Buyback Price
$515,143
Cumulative Down Payment
$26,514
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,514
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.